diff --git a/doc/client.md b/doc/client.md
index fb07368..22e77ca 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 |
 |  --- | --- | --- |
-| `square_version` | `str` | Square Connect API versions<br>*Default*: `'2024-12-18'` |
+| `square_version` | `str` | Square Connect API versions<br>*Default*: `'2025-01-23'` |
 | `custom_url` | `str` | 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`** |
 | `http_client_instance` | `HttpClient` | The Http Client passed from the sdk user for making requests |
@@ -24,7 +24,7 @@ The API client can be initialized as follows:
 
 ```python
 client = Client(
-    square_version='2024-12-18',
+    square_version='2025-01-23',
     bearer_auth_credentials=BearerAuthCredentials(
         access_token='AccessToken'
     ),
@@ -53,7 +53,7 @@ from square.http.auth.o_auth_2 import BearerAuthCredentials
 from square.client import Client
 
 client = Client(
-    square_version='2024-12-18',
+    square_version='2025-01-23',
     bearer_auth_credentials=BearerAuthCredentials(
         access_token='AccessToken'
     ),
diff --git a/square/client.py b/square/client.py
index d364e04..8a51cc6 100644
--- a/square/client.py
+++ b/square/client.py
@@ -59,7 +59,7 @@ def sdk_version():
 
     @staticmethod
     def square_version():
-        return '2024-12-18'
+        return '2025-01-23'
 
     def user_agent_detail(self):
         return self.config.user_agent_detail
@@ -238,7 +238,7 @@ def __init__(self, http_client_instance=None,
                  retry_statuses=None, retry_methods=None,
                  environment='production',
                  custom_url='https://connect.squareup.com', access_token=None,
-                 bearer_auth_credentials=None, square_version='2024-12-18',
+                 bearer_auth_credentials=None, square_version='2025-01-23',
                  additional_headers={}, user_agent_detail='', config=None):
         self.config = config or Configuration(
             http_client_instance=http_client_instance,
diff --git a/square/configuration.py b/square/configuration.py
index 2ec3f3c..4b4c2d7 100644
--- a/square/configuration.py
+++ b/square/configuration.py
@@ -45,7 +45,7 @@ def __init__(self, http_client_instance=None,
                  retry_statuses=None, retry_methods=None,
                  environment='production',
                  custom_url='https://connect.squareup.com', access_token=None,
-                 bearer_auth_credentials=None, square_version='2024-12-18',
+                 bearer_auth_credentials=None, square_version='2025-01-23',
                  additional_headers={}, user_agent_detail=''):
         if retry_methods is None:
             retry_methods = ['GET', 'PUT']