diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7c8f3273f..57f4251f6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+# [0.40.0](https://github.com/juspay/hyperswitch-web/compare/v0.39.4...v0.40.0) (2024-04-15)
+
+
+### Features
+
+* added new redirection payment method local bank transfer ([#288](https://github.com/juspay/hyperswitch-web/issues/288)) ([390febd](https://github.com/juspay/hyperswitch-web/commit/390febd83e7180967e1112d8135ba9919f096851))
+
 ## [0.39.4](https://github.com/juspay/hyperswitch-web/compare/v0.39.3...v0.39.4) (2024-04-15)
 
 
diff --git a/package-lock.json b/package-lock.json
index 8fb5705d2..762e746eb 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "orca-payment-page",
-  "version": "0.39.4",
+  "version": "0.40.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "orca-payment-page",
-      "version": "0.39.4",
+      "version": "0.40.0",
       "hasInstallScript": true,
       "dependencies": {
         "@aws-sdk/client-cloudfront": "^3.414.0",
diff --git a/package.json b/package.json
index 13e0bef7f..d21dae5bc 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "orca-payment-page",
-  "version": "0.39.4",
+  "version": "0.40.0",
   "main": "index.js",
   "private": true,
   "dependencies": {