The 'What Makes You Beautiful' singer reeled in the man-eater while spending some time on the water with his bandmates in San Diego.
"It was only my second time ever fishing and we had such great fun," he told The Sun.
"We went fishing for half an hour and there was nothing at all. Then I pulled out a baby tiger shark."
Payne is reported to have moved in with his girlfriend Danielle Peazer, who he previously defended on Twitter after fans accused her of being a 'gold digger'.
He wrote at the time: "#SometimesIHateTwitter when it becomes a place to abuse people who uve never met never did anything to you but you still choose to be cruel (sic).
"To all those people who are going to be d**ks and tweet her horrible stuff now just because i mentioned it … boring grow up."
One Direction are apparently set to record vocals for their own online cartoon series.