U S WIRELESS DATA INC
SC 13G, 1999-03-23
CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)
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                                  UNITED STATES
                       SECURITIES ADN EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                               (Amendment No.  )*

                            U.S. WIRELESS DATA, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                        NO PAR VALUE CLASS A COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   912 899 101
                          ----------------------------
                                 (CUSIP Number)


                                 MARCH 15, 1999
         ---------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     [ ]  Rule 13d-1(b)

     [X]  Rule 13d-1(c)

     [ ]  Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.


<PAGE>   2


- ---------------------                                               -----------
CUSIP NO. 912 899 101                 13G                           PAGE 2 OF 4
- ---------------------                                               -----------

- -------------------------------------------------------------------------------
  (1)     NAME OF REPORTING PERSON                 
          S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
          Robert B. Prag
- -------------------------------------------------------------------------------
  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a)  [ ]
          (See Instructions)                                            (b)  [ ]
- -------------------------------------------------------------------------------
  (3)     SEC USE ONLY
- -------------------------------------------------------------------------------
  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

          United States
- -------------------------------------------------------------------------------
                       (5)     SOLE VOTING POWER                    
  NUMBER OF                    1,422,500
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER                  
  OWNED BY                     -0-
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER               
 PERSON WITH                   1,422,500
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER             
                               -0-
- -------------------------------------------------------------------------------
  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

          1,422,500
- -------------------------------------------------------------------------------
 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
          SHARES (See Instructions)                                          [ ]
- -------------------------------------------------------------------------------
 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           

          10.5%
- -------------------------------------------------------------------------------
 (12)     TYPE OF REPORTING PERSON*
         
          IN
- -------------------------------------------------------------------------------



<PAGE>   3

                                                                     Page 3 of 4


ITEM 1(a).  NAME OF ISSUER:

         U.S. Wireless Data, Inc., a Colorado corporation

ITEM 1(b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

         2200 Powell Street, Suite 800, Emeryville, California 94608

ITEM 2(a).  NAME(S) OF PERSON(S) FILING:

         Robert B. Prag ("RBP")

ITEM 2(b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

         2455 El Amigo Road, Del Mar, California 92014

ITEM 2(c).  CITIZENSHIP:

         RBP is a citizen of the United States of America.

ITEM 2(d).  TITLE OF CLASS OF SECURITIES:

         No Par Value Class A Common Stock

ITEM 2(e).  CUSIP NUMBER:

         912 899 101

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:



         If this statement is filed pursuant to Rule 13d-1(c),
         check this box   [X]

ITEM 4.  OWNERSHIP.

         (a)  Amount beneficially owned: 1,422,500 shares

         (b)  Percent of class: 10.5%

         The percent of class is calculated based upon the 13,586,124 shares
         that the Issuer reported as outstanding on December 31, 1998 in its
         Quarterly Report on Form 10-QSB for the quarter ended December 31,
         1998.



<PAGE>   4


                                                                     Page 4 of 4

         (c) Number of shares as to which such person has:

                  (i)   Sole power to vote or direct the vote:  1,422,500

                  (ii)  Shared power to vote or direct the vote: 0

                  (iii) Sole power to dispose or to direct the disposition of: 
                        1,422,500

                  (iv)  Shared power to dispose or direct the disposition of: 0

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

         Not applicable.

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

         Not applicable.

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

         Not applicable.

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

         Not applicable.

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP.

         Not applicable

ITEM 10.  CERTIFICATIONS.

         By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.

Dated: March 23, 1999                               /s/ Robert B. Prag     
                                            ------------------------------------
                                                    Robert B. Prag



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