diff --git a/Braintree.podspec b/Braintree.podspec
index 66f5feefac..8e231a25d9 100644
--- a/Braintree.podspec
+++ b/Braintree.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name             = "Braintree"
-  s.version          = "4.31.0"
+  s.version          = "4.32.0"
   s.summary          = "Braintree v.zero: A modern foundation for accepting payments"
   s.description      = <<-DESC
                        Braintree is a full-stack payments platform for developers
diff --git a/BraintreeCore/Braintree-Version.h b/BraintreeCore/Braintree-Version.h
index 622b2b559a..28f4cf5549 100644
--- a/BraintreeCore/Braintree-Version.h
+++ b/BraintreeCore/Braintree-Version.h
@@ -1 +1 @@
-#define BRAINTREE_VERSION (@"4.31.0")
+#define BRAINTREE_VERSION (@"4.32.0")
diff --git a/BraintreeCore/Info.plist b/BraintreeCore/Info.plist
index 20231c52de..123f1f216d 100644
--- a/BraintreeCore/Info.plist
+++ b/BraintreeCore/Info.plist
@@ -15,11 +15,11 @@
 	<key>CFBundlePackageType</key>
 	<string>FMWK</string>
 	<key>CFBundleShortVersionString</key>
-	<string>4.31.0</string>
+	<string>4.32.0</string>
 	<key>CFBundleSignature</key>
 	<string>????</string>
 	<key>CFBundleVersion</key>
-	<string>4.31.0</string>
+	<string>4.32.0</string>
 	<key>NSPrincipalClass</key>
 	<string></string>
 </dict>
diff --git a/BraintreePayPal/PayPalUtils/Public/PPOTVersion.h b/BraintreePayPal/PayPalUtils/Public/PPOTVersion.h
index 75a5713156..09eda59fbd 100644
--- a/BraintreePayPal/PayPalUtils/Public/PPOTVersion.h
+++ b/BraintreePayPal/PayPalUtils/Public/PPOTVersion.h
@@ -6,6 +6,6 @@
 #ifndef PPOTVersion_h
 #define PPOTVersion_h
 
-#define PayPalOTVersion() @"4.31.0"
+#define PayPalOTVersion() @"4.32.0"
 
 #endif
diff --git a/Demo/Supporting Files/Braintree-Demo-Info.plist b/Demo/Supporting Files/Braintree-Demo-Info.plist
index 2aebdd1d01..bccc0b3d1a 100644
--- a/Demo/Supporting Files/Braintree-Demo-Info.plist	
+++ b/Demo/Supporting Files/Braintree-Demo-Info.plist	
@@ -41,7 +41,7 @@
 	<key>CFBundlePackageType</key>
 	<string>APPL</string>
 	<key>CFBundleShortVersionString</key>
-	<string>4.31.0</string>
+	<string>4.32.0</string>
 	<key>CFBundleURLTypes</key>
 	<array>
 		<dict>
@@ -56,7 +56,7 @@
 		</dict>
 	</array>
 	<key>CFBundleVersion</key>
-	<string>4.31.0</string>
+	<string>4.32.0</string>
 	<key>LSApplicationQueriesSchemes</key>
 	<array>
 		<string>com.braintreepayments.Demo.payments</string>