diff --git a/CHANGELOG.md b/CHANGELOG.md
index 67a6c3bfd69..005506ec211 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,11 @@
 
 ## XX.XX.XX - 20XX-XX-XX
 
+## 20.48.5 - 2024-08-21
+
+### PaymentSheet
+* [FIXED][9111](https://github.com/stripe/stripe-android/pull/9111) Fixed an issue where Google Pay was displaying an error.
+
 ## 20.48.4 - 2024-08-09
 
 ### Payments
diff --git a/README.md b/README.md
index b8b7767f698..d55c41ecb97 100644
--- a/README.md
+++ b/README.md
@@ -67,7 +67,7 @@ Add `stripe-android` to your `build.gradle` dependencies.
 
 ```
 dependencies {
-    implementation 'com.stripe:stripe-android:20.48.4'
+    implementation 'com.stripe:stripe-android:20.48.5'
 }
 ```
 
diff --git a/VERSION b/VERSION
index de6c6280780..5214ce7627f 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-20.48.4
+20.48.5
diff --git a/gradle.properties b/gradle.properties
index 4030b8810c7..94ec0c9abdc 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -20,4 +20,4 @@ android.useAndroidX=true
 android.experimental.androidTest.numManagedDeviceShards=3
 
 # Update StripeSdkVersion.VERSION_NAME when publishing a new release
-VERSION_NAME=20.48.4
+VERSION_NAME=20.48.5
diff --git a/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt b/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
index 2690fa480b7..1db125b5853 100644
--- a/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
+++ b/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
@@ -8,6 +8,6 @@ package com.stripe.android.core.version
  *
  */
 object StripeSdkVersion {
-    const val VERSION_NAME = "20.48.4"
+    const val VERSION_NAME = "20.48.5"
     const val VERSION: String = "AndroidBindings/$VERSION_NAME"
 }