EXHIBIT 5.1 OPINION OF SNELL & WILMER L.L.P. May 5, 1999 Digital Courier Technologies, Inc. 136 Heber Avenue, Suite 204 Park City, Utah 84060 Re: Registration Statement on Form S-3 Ladies and Gentlemen: We have acted as counsel to Digital Courier Technologies, Inc., a Delaware corporation (the "Company"), and in such capacity have examined the Company's Registration Statement on Form S-3 (the Form S-3, including the amendments thereto being referred to collectively herein as the "Registration Statement"), originally filed by the Company with the Securities and Exchange Commission ("Commission") on December 10, 1998 under the Securities Act of 1933, as amended ("Act"). The Registration Statement relates to the proposed registration for resale by certain selling shareholders ("Selling Shareholders") of up to an aggregate of 3,024,338 shares of the Company's common stock, $.0001 par value per share, 1,324,338 of such shares which were previously acquired by such Selling Shareholders, and 900,000 of such shares which may be acquired by such Selling Shareholders upon the exercise of outstanding warrants to purchase common stock, and 800,000 of such shares which may be acquired by such Selling Shareholders upon conversion of Series A Convertible Preferred Stock.. As counsel for the Company and for purposes of this opinion, we have made those examinations and investigations of legal and factual matters we deemed advisable and have examined originals or copies, certified or otherwise identified to our satisfaction as true copies of the originals, of those corporate records, certificates, documents and other instruments which, in our judgment, we considered necessary or appropriate to enable us to render the opinion expressed below, including the Company's Certificate of Incorporation, as amended to date, the Company's Bylaws, as amended to date, and the minutes of meetings of the Company's Board of Directors and other corporate proceedings relating to the authorization and issuance of the Selling Shareholder's shares. We have assumed the genuineness and authorization of all signatures and the conformity to the originals of all copies submitted to us or inspected by us as certified, conformed or photostatic copies. Also, we have assumed the proper exercise, conversion and payment for the warrants and preferred stock underlying the shares being registered in the Registration Statement. Further, we have assumed the due execution and delivery of certificates representing the Selling Shareholder's shares. Based upon the foregoing, and relying solely thereon, we are of the opinion that the Selling Shareholders' shares have been duly authorized and when issued, were or will be legally and validly issued, fully paid and non-assessable. We hereby consent to the use of this opinion as an exhibit to the Registration Statement and to the reference to our name under the caption "Legal Matters" in the Prospectus included in the Registration Statement. In giving this consent we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder. Very truly yours, SNELL & WILMER L.L.P.