diff --git a/Adyen/settings.py b/Adyen/settings.py
index 784bc6de..596cab11 100644
--- a/Adyen/settings.py
+++ b/Adyen/settings.py
@@ -1,2 +1,2 @@
 LIB_NAME = "adyen-python-api-library"
-LIB_VERSION = "15.0.2"
+LIB_VERSION = "16.0.0"
diff --git a/VERSION b/VERSION
index 7c626aa6..946789e6 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-15.0.2
+16.0.0
diff --git a/pyproject.toml b/pyproject.toml
index 1ebd5ac4..194aad2b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "Adyen"
-version = "15.0.2"
+version = "16.0.0"
 description = "Adyen Python Api"
 readme = "README.md"
 requires-python = ">=3.8"
diff --git a/setup.py b/setup.py
index dccddd3d..ed62de50 100644
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@
 setup(
     name="Adyen",
     packages=find_packages(include=["Adyen*"], exclude=["tests", "tests.*"]),
-    version="15.0.2",
+    version="16.0.0",
     maintainer="Adyen",
     maintainer_email="support@adyen.com",
     description="Adyen Python Api",