diff --git a/doc/client.md b/doc/client.md
index 53bbc226..dfa78aea 100644
--- a/doc/client.md
+++ b/doc/client.md
@@ -5,7 +5,7 @@ The following parameters are configurable for the API Client:
 
 | Parameter | Type | Description |
 |  --- | --- | --- |
-| `squareVersion` | `string` | Square Connect API versions<br>*Default*: `'2024-12-18'` |
+| `squareVersion` | `string` | Square Connect API versions<br>*Default*: `'2025-01-23'` |
 | `customUrl` | `string` | Sets the base URL requests are made to. Defaults to `https://connect.squareup.com`<br>*Default*: `'https://connect.squareup.com'` |
 | `environment` | `string` | The API environment. <br> **Default: `production`** |
 | `timeout` | `int` | Timeout for API calls in seconds.<br>*Default*: `60` |
@@ -30,7 +30,7 @@ $client = SquareClientBuilder::init()
             'AccessToken'
         )
     )
-    ->squareVersion('2024-12-18')
+    ->squareVersion('2025-01-23')
     ->environment(Environment::PRODUCTION)
     ->customUrl('https://connect.squareup.com')
     ->build();
@@ -61,7 +61,7 @@ $client = SquareClientBuilder::init()
             'AccessToken'
         )
     )
-    ->squareVersion('2024-12-18')
+    ->squareVersion('2025-01-23')
     ->environment(Environment::PRODUCTION)
     ->customUrl('https://connect.squareup.com')
     ->build();
diff --git a/src/ConfigurationDefaults.php b/src/ConfigurationDefaults.php
index 4c5a5d2a..23b48c9b 100644
--- a/src/ConfigurationDefaults.php
+++ b/src/ConfigurationDefaults.php
@@ -27,7 +27,7 @@ class ConfigurationDefaults
 
     public const HTTP_METHODS_TO_RETRY = ['GET', 'PUT'];
 
-    public const SQUARE_VERSION = '2024-12-18';
+    public const SQUARE_VERSION = '2025-01-23';
 
     public const ADDITIONAL_HEADERS = [];