diff --git a/README.md b/README.md
index 1c0552df4..d01b64625 100644
--- a/README.md
+++ b/README.md
@@ -68,7 +68,7 @@ You can use Maven and add this dependency to your project's POM:
 <dependency>
   <groupId>com.adyen</groupId>
   <artifactId>adyen-java-api-library</artifactId>
-  <version>31.3.0</version>
+  <version>31.3.1</version>
 </dependency>
 ```
 
diff --git a/VERSION b/VERSION
index 3e5153231..a7617bc1e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-31.3.0
+31.3.1
diff --git a/pom.xml b/pom.xml
index c121ba4d0..1429c345b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
     <groupId>com.adyen</groupId>
     <artifactId>adyen-java-api-library</artifactId>
     <packaging>jar</packaging>
-    <version>31.3.0</version>
+    <version>31.3.1</version>
     <name>Adyen Java API Library</name>
     <description>Adyen API Client Library for Java</description>
     <url>https://github.com/adyen/adyen-java-api-library</url>
diff --git a/src/main/java/com/adyen/Client.java b/src/main/java/com/adyen/Client.java
index 9bc277922..710b3c9a5 100644
--- a/src/main/java/com/adyen/Client.java
+++ b/src/main/java/com/adyen/Client.java
@@ -10,7 +10,7 @@ public class Client {
     private ClientInterface httpClient;
     private Config config;
     public static final String LIB_NAME = "adyen-java-api-library";
-    public static final String LIB_VERSION = "31.3.0";
+    public static final String LIB_VERSION = "31.3.1";
     public static final String TERMINAL_API_ENDPOINT_TEST = "https://terminal-api-test.adyen.com";
     public static final String TERMINAL_API_ENDPOINT_LIVE = "https://terminal-api-live.adyen.com";