diff --git a/composer.json b/composer.json
index f9f2c45..13dd325 100644
--- a/composer.json
+++ b/composer.json
@@ -1,7 +1,7 @@
 {
   "name": "lunar/payments-api-sdk",
   "description": "PHP SDK to communicate with the Lunar HTTP API",
-  "version": "1.0.0",
+  "version": "1.0.1",
   "license": "MIT",
   "minimum-stability": "dev",
   "autoload": {
diff --git a/src/Endpoint/Payments.php b/src/Endpoint/Payments.php
index 4038d51..b698f5f 100644
--- a/src/Endpoint/Payments.php
+++ b/src/Endpoint/Payments.php
@@ -72,6 +72,24 @@ public function intent($payment_id)
 		return $api_response->json;
 	}
 
+	/**
+	 *
+	 * @param $payment_id
+	 * @param $method
+	 *
+	 * @return array
+	 */
+	public function updatePreferredPaymentMethod($payment_id, $method)
+	{
+		$url = 'payments/' . $payment_id.'/intent/preferredPaymentMethod';
+
+		$api_response = $this->lunar->client->request('POST', $url, [
+			'preferredPaymentMethod' => $method
+		]);
+
+		return $api_response->json;
+	}
+
 	public function submit($payment_id, $args)
 	{
 		$url = 'payments/' . $payment_id.'/submit';
diff --git a/tests/PaymentsTest.php b/tests/PaymentsTest.php
index 8f95f4e..4e0d4af 100644
--- a/tests/PaymentsTest.php
+++ b/tests/PaymentsTest.php
@@ -95,6 +95,21 @@ public function testUpdatePaymentMethod()
 		$this->assertEquals('mobilePay', $payment['selectedPaymentMethod']);
 	}
 
+	public function testUpdatePreferred()
+	{
+		$response = $this->payments->updatePreferredPaymentMethod($this->payment_id,'card');
+
+		$payment = $this->payments->fetch($this->payment_id);
+
+		$this->assertEquals('card', $payment['preferredPaymentMethod']);
+
+		$response = $this->payments->updatePreferredPaymentMethod($this->payment_id,'mobilePay');
+
+		$payment = $this->payments->fetch($this->payment_id);
+
+		$this->assertEquals('mobilePay', $payment['preferredPaymentMethod']);
+	}
+
 	public function testIntent()
 	{