General
PaySprint plans to launch PYMO in October: a digital wallet with overdraft protection for eligible users.
FOR IMMEDIATE RELEASE
PaySprint Announces Planned October Launch of PYMO Digital Wallet
PYMO by PaySprint will help users move and manage money, with wallet overdraft protection planned for eligible users
TORONTO, September 29, 2026 — PaySprint Inc. today announced that it plans to launch PYMO by PaySprint in October 2026. PYMO is a digital wallet designed to help users send, receive and manage money. The planned rollout also includes wallet overdraft protection for eligible users.
“PYMO reflects our goal of making everyday money movement more accessible and useful,” said Olusegun Adebiyi, Founder and CEO of PaySprint Inc. “We want customers to understand how the wallet works, prepare ahead of launch and make informed decisions about any overdraft offer they receive.”
PaySprint wallet transaction history will be a major factor in assessing eligibility for overdraft protection. Customers interested in applying can begin preparing by building a history of regular wallet transactions. For users in Canada, having a PaySprint Mastercard on file will also be an eligibility requirement. Meeting these requirements will not guarantee an offer or approval.
The PaySprint Mastercard is a separate way for eligible Canadian users to spend funds available on their card. The Mastercard will not provide direct access to wallet overdraft funds.
Before applications open, PaySprint plans to provide customers with further information about eligibility, how wallet overdraft protection works, and its applicable costs and repayment terms. Overdraft protection is not available at this time.
About PYMO by PaySprint
PYMO is PaySprint Inc.’s consumer money movement brand. PaySprint Inc. remains the legal entity behind PYMO, and the branding does not change existing customer accounts, agreements or legal terms.
Media contact
PaySprint Inc.
Media Team
media@paysprint.ca
1-888-469-0999
www.pymo.ca, www.paysprint.ca