** Shares of payroll software provider PaySauce PYS.NZ rise 7.14% to NZ$0.225, their highest since Nov. 29

** Co posts annual recurring revenues of NZ$9.1 mln ($5.10 mln) in December, up 11% from a year earlier

** Says increased customer growth to double digits in December qtr, up 11% YoY to 8,127

** Shares mark their biggest intraday pct gain since Dec. 3

** More than 29,660 shares change hands vs the 30-day average volume of ~11,232 shares

** Stock up 9.76% this year, including current session's moves

($1 = 1.7844 New Zealand dollars)

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com))