Sunlight

Sunlight provides a streamlined API solution designed to simplify the process of updating card-on-file information across various applications and subscription services. This technology empowers fintech companies to ensure their cards are promptly designated as top-of-wallet upon issuance, enhancing user experience and driving adoption.

The prevalence of card-on-file options has become ubiquitous, with a significant majority of consumers globally utilizing this feature for convenient payments, one-click purchases, and reward programs. As card-issuing-as-a-service gains traction, the volume of newly issued payment cards continues to rise. However, this growth introduces a challenge for users who must manually update their payment details across numerous online platforms when switching cards or opening new accounts.

Sunlight addresses this pain point by offering a universal API that enables financial institutions to provide their users with a seamless and efficient method for updating their card information across the internet, directly within their existing applications. This eliminates friction and improves conversion rates for card issuers, enabling them to capture revenue opportunities more effectively.

The Sunlight API integrates seamlessly with any platform that supports card-on-file functionality, offering a user experience comparable to Plaid. It ensures accurate card number and CVV code updates on the first attempt, creating a reliable and user-friendly solution for both consumers and financial institutions.