diff --git a/template/app/package.json b/template/app/package.json
index 2f330b91..0bdc317e 100644
--- a/template/app/package.json
+++ b/template/app/package.json
@@ -21,7 +21,7 @@
     "react-apexcharts": "^1.4.1",
     "react-hot-toast": "^2.4.1",
     "react-icons": "4.11.0",
-    "stripe": "11.15.0",
+    "stripe": "17.2.0",
     "tailwind-merge": "^2.2.1",
     "vanilla-cookieconsent": "^3.0.1",
     "wasp": "file:.wasp/out/sdk/wasp",
@@ -34,4 +34,4 @@
     "typescript": "^5.1.0",
     "vite": "^4.3.9"
   }
-}
+}
\ No newline at end of file
diff --git a/template/app/src/payment/stripe/stripeClient.ts b/template/app/src/payment/stripe/stripeClient.ts
index da1b7fcb..d13b8c34 100644
--- a/template/app/src/payment/stripe/stripeClient.ts
+++ b/template/app/src/payment/stripe/stripeClient.ts
@@ -5,8 +5,10 @@ export const stripe = new Stripe(requireNodeEnvVar('STRIPE_API_KEY'), {
   // NOTE:
   // API version below should ideally match the API version in your Stripe dashboard.
   // If that is not the case, you will most likely want to (up/down)grade the `stripe`
-  // npm package to the API version that matches your Stripe dashboard's one.
+  // npm package to the API version  that matches your Stripe dashboard's one.
+  // This can be found in package.json, e.g. "stripe": "17.2.0"
+  // The latest version is always listed here: https://www.npmjs.com/package/stripe
   // For more details and alternative setups check
   // https://docs.stripe.com/api/versioning .
-  apiVersion: '2022-11-15',
+  apiVersion: '2024-09-30.acacia',
 });