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Knot Teams Up With Paypal to Simplify Card-on-file Management for Millions of Users
By AP News - Apr 08, 2025, 03:12 AM ET
Last Updated - Apr 08, 2025, 03:12 AM EDT
NEW YORK CITY, NY / ACCESS Newswire / April 8, 2025 / Knot, the leading fintech company specializing in card-on-file management, announced a strategic relationship with PayPal to enhance checkout experiences for millions of PayPal users. Through this collaboration, PayPal users can seamlessly update their PayPal branded card-on-file information across multiple merchants using Knot's innovative CardSwitcher technology.
Simplifying Card Management with Knot
Knot's CardSwitcher enables users to effortlessly update their saved PayPal branded card payment methods at select merchants without manually entering card details. This integration helps empower PayPal users to keep their payment information current, ensuring smooth transactions, and is designed to reduce friction at checkout.
With no technical integration required by merchants, Knot's solution offers a simple and secure process to enhance customer satisfaction while driving higher conversion rates for merchants. This collaboration underscores both companies' commitment to leveraging technology for a seamless digital payment experience.
A Growing Network of Partnerships
Since its inception, Knot has formed partnerships with leading financial institutions and fintech innovators, including American Express, Bilt, and Step. This new collaboration with PayPal is a significant milestone in Knot's mission to build a financially interconnected future for users and merchants alike.
"Partnering with PayPal is a major step towards simplifying payments for millions of consumers and businesses," said Rory O'Reilly, CEO and Co-Founder of Knot. "We're thrilled to bring our CardSwitcher technology to PayPal's platform, enhancing user experience and supporting merchants with seamless checkout processes."
How It Works
For PayPal users, the process is simple. From the PayPal app, users can log in to their favorite merchants across categories to automatically add their PayPal branded cards to their selected merchants using Knot's CardSwitcher. This eliminates the need for manual data entry, ensuring future transactions are processed smoothly, enhancing user confidence, and helping ensure merchants benefit from consistent, friction-free checkouts.
About Knot
Knot is the leading merchant connectivity platform, simplifying how consumers, merchants, and financial institutions interact. With Knot's product suite, users can seamlessly update payment details, manage card-on-file payments, take control of their subscriptions, and unlock SKU-level transaction data across hundreds of merchants. By reducing friction at every step, Knot helps financial institutions drive higher card adoption, increase customer spend, and accelerate time to first transaction. With the largest merchant coverage in the industry and new integrations added regularly, Knot delivers a secure, user-friendly solution for businesses to automatically switch saved payment methods at the request of their users.
Users can learn more at KnotAPI.com and connect with Knot on X (@KnotAPIs) and LinkedIn (LinkedIn.com/company/KnotAPI).
Contact
Contact
Head of Growth
Isaac Tebbs
Knot
SOURCE: Knot
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