diff --git a/cronjobs/pps_payout.php b/cronjobs/pps_payout.php
new file mode 100755
index 00000000..a71c42a3
--- /dev/null
+++ b/cronjobs/pps_payout.php
@@ -0,0 +1,87 @@
+#!/usr/bin/php
+<?php
+
+/*
+
+Copyright:: 2013, Sebastian Grewe
+
+Licensed under the Apache License, Version 2.0 (the "License");
+you may not use this file except in compliance with the License.
+You may obtain a copy of the License at
+
+http://www.apache.org/licenses/LICENSE-2.0
+
+Unless required by applicable law or agreed to in writing, software
+distributed under the License is distributed on an "AS IS" BASIS,
+WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+See the License for the specific language governing permissions and
+limitations under the License.
+
+ */
+
+// Include all settings and classes
+require_once('shared.inc.php');
+
+// Fetch all transactions since our last block
+if ( $bitcoin->can_connect() === true ){
+  $dDifficulty = $bitcoin->getdifficulty();
+} else {
+  verbose("Aborted: " . $bitcoin->can_connect() . "\n");
+  exit(1);
+}
+
+// Value per share calculation
+$pps_value = 50 / (pow(2,32) * $dDifficulty) * pow(2, $config['difficulty']);
+
+// Find our last share accounted and last inserted share for PPS calculations
+$iPreviousShareId = $setting->getValue('pps_last_share_id');
+$iLastShareId = $share->getLastInsertedShareId();
+
+// Check for all new shares, we start one higher as our last accounted share to avoid duplicates
+$aAccountShares = $share->getSharesForAccounts($iPreviousShareId + 1, $iLastShareId);
+
+verbose("ID\tUsername\tInvalid\tValid\t\tPPS Value\t\t\tPayout\t\tDonation\tFee\t\tStatus\n");
+
+foreach ($aAccountShares as $aData) {
+  // Take our valid shares and multiply by per share value
+  $aData['payout'] = $aData['valid'] * $pps_value;
+
+  // Defaults
+  $aData['fee' ] = 0;
+  $aData['donation'] = 0;
+
+  // Calculate block fees
+  if ($config['fees'] > 0)
+    $aData['fee'] = number_format(round($config['fees'] / 100 * $aData['payout'], 8), 8); 
+  // Calculate donation amount
+  $aData['donation'] = number_format(round($user->getDonatePercent($user->getUserId($aData['username'])) / 100 * ( $aData['payout'] - $aData['fee']), 8), 8); 
+
+  verbose($aData['id'] . "\t" .
+    $aData['username'] . "\t" .
+    $aData['invalid'] . "\t" .
+    $aData['valid'] . "\t*\t" .
+    $pps_value . "\t=\t" .
+    $aData['payout'] . "\t" .
+    $aData['donation'] . "\t" .
+    $aData['fee'] . "\t");
+
+  $strStatus = "OK";
+  // Add new credit transaction
+  if (!$transaction->addTransaction($aData['id'], $aData['payout'], 'Credit_PPS'))
+    $strStatus = "Transaction Failed";
+  // Add new fee debit for this block
+  if ($aData['fee'] > 0 && $config['fees'] > 0)
+    if (!$transaction->addTransaction($aData['id'], $aData['fee'], 'Fee_PPS'))
+      $strStatus = "Fee Failed";
+  // Add new donation debit
+  if ($aData['donation'] > 0)
+    if (!$transaction->addTransaction($aData['id'], $aData['donation'], 'Donation_PPS'))
+      $strStatus = "Donation Failed";
+  verbose($strStatus . "\n");
+}
+
+// Store our last inserted ID for the next run
+$setting->setValue('pps_last_share_id', $iLastShareId);
+
+verbose("\n\n------------------------------------------------------------------------------------\n\n");
+?>
diff --git a/public/include/classes/share.class.php b/public/include/classes/share.class.php
index b0a3b249..1033f92c 100644
--- a/public/include/classes/share.class.php
+++ b/public/include/classes/share.class.php
@@ -44,6 +44,21 @@ class Share {
     return $this->table;
   }
 
+  /**
+   * Get last inserted Share ID from Database
+   * Used for PPS calculations without moving to archive
+   **/
+  public function getLastInsertedShareId() {
+    $stmt = $this->mysqli->prepare("
+      SELECT MAX(id) AS id FROM $this->table
+      ");
+    if ($this->checkStmt($stmt) && $stmt->execute() && $result = $stmt->get_result())
+      return $result->fetch_object()->id;
+    // Catchall
+    $this->setErrorMessage('Failed to fetch last inserted share ID');
+    return false;
+  }
+
   /**
    * Get all valid shares for this round
    * @param previous_upstream int Previous found share accepted by upstream to limit results
diff --git a/public/include/classes/transaction.class.php b/public/include/classes/transaction.class.php
index a487e5ec..939684c4 100644
--- a/public/include/classes/transaction.class.php
+++ b/public/include/classes/transaction.class.php
@@ -143,7 +143,7 @@ class Transaction {
         SELECT sum(t.amount) AS credit
         FROM $this->table AS t
         LEFT JOIN " . $this->block->getTableName() . " AS b ON t.block_id = b.id
-        WHERE t.type = 'Credit'
+        WHERE t.type IN ('Credit', 'Credit_PPS')
         AND b.confirmations >= " . $this->config['confirmations'] . "
       ) AS t1,
       (
@@ -155,7 +155,7 @@ class Transaction {
         SELECT sum(t.amount) AS other
         FROM " . $this->table . " AS t
         LEFT JOIN " . $this->block->getTableName() . " AS b ON t.block_id = b.id
-        WHERE t.type IN ('Donation','Fee')
+        WHERE t.type IN ('Donation','Fee','Donation_PPS','Fee_PPS')
         AND b.confirmations >= " . $this->config['confirmations'] . "
       ) AS t3");
     if ($this->checkStmt($stmt) && $stmt->execute() && $stmt->bind_result($dBalance) && $stmt->fetch())
@@ -180,8 +180,11 @@ class Transaction {
         SELECT sum(t.amount) AS credit
         FROM $this->table AS t
         LEFT JOIN " . $this->block->getTableName() . " AS b ON t.block_id = b.id
-        WHERE t.type = 'Credit'
-        AND b.confirmations >= ?
+        WHERE
+        (
+          ( t.type = 'Credit' AND b.confirmations >= ? ) OR
+          ( t.type = 'Credit_PPS' )
+        )
         AND t.account_id = ?
       ) AS t1,
       (
@@ -194,8 +197,11 @@ class Transaction {
         SELECT sum(t.amount) AS other
         FROM $this->table AS t
         LEFT JOIN " . $this->block->getTableName() . " AS b ON t.block_id = b.id
-        WHERE t.type IN ('Donation','Fee')
-        AND b.confirmations >= ?
+        WHERE
+        (
+          ( t.type IN ('Donation','Fee') AND b.confirmations >= ? ) OR
+          ( t.type IN ('Donation_PPS', 'Fee_PPS') )
+        )
         AND t.account_id = ?
       ) AS t3
       ");
diff --git a/public/templates/mmcFE/account/transactions/default.tpl b/public/templates/mmcFE/account/transactions/default.tpl
index 88f749c1..c1433f3c 100644
--- a/public/templates/mmcFE/account/transactions/default.tpl
+++ b/public/templates/mmcFE/account/transactions/default.tpl
@@ -19,6 +19,9 @@
           ($TRANSACTIONS[transaction].type == 'Credit' and $TRANSACTIONS[transaction].confirmations >= $GLOBAL.confirmations)
           or ($TRANSACTIONS[transaction].type == 'Donation' and $TRANSACTIONS[transaction].confirmations >= $GLOBAL.confirmations)
           or ($TRANSACTIONS[transaction].type == 'Fee' and $TRANSACTIONS[transaction].confirmations >= $GLOBAL.confirmations)
+          or $TRANSACTIONS[transaction].type == 'Credit_PPS'
+          or $TRANSACTIONS[transaction].type == 'Fee_PPS'
+          or $TRANSACTIONS[transaction].type == 'Donation_PPS'
           or $TRANSACTIONS[transaction].type == 'Debit_AP'
           or $TRANSACTIONS[transaction].type == 'Debit_MP'
         )}
@@ -28,7 +31,7 @@
           <td>{$TRANSACTIONS[transaction].type}</td>
           <td>{$TRANSACTIONS[transaction].coin_address}</td>
           <td>{if $TRANSACTIONS[transaction].height == 0}n/a{else}{$TRANSACTIONS[transaction].height}{/if}</td>
-          <td><font color="{if $TRANSACTIONS[transaction].type == Credit}green{else}red{/if}">{$TRANSACTIONS[transaction].amount}</td>
+          <td><font color="{if $TRANSACTIONS[transaction].type == Credit or $TRANSACTIONS[transaction].type == Credit_PPS}green{else}red{/if}">{$TRANSACTIONS[transaction].amount}</td>
         </tr>
         {/if}
 {/section}