diff --git a/VERSION b/VERSION
index 40eb989..6aceca2 100644
--- a/VERSION
+++ b/VERSION
@@ -1,2 +1,2 @@
-10.3.0
+10.3.1
 
diff --git a/lib/adyen/version.rb b/lib/adyen/version.rb
index ec06e34..6d039ff 100644
--- a/lib/adyen/version.rb
+++ b/lib/adyen/version.rb
@@ -1,4 +1,4 @@
 module Adyen
   NAME = 'adyen-ruby-api-library'.freeze
-  VERSION = '10.3.0'.freeze
+  VERSION = '10.3.1'.freeze
 end