diff --git a/changelog.txt b/changelog.txt
index 077abdf6c..3022adc75 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,5 +1,16 @@
 *** Changelog ***
 
+= 1.6.3 - TBD =
+* Fix - Payments fail when using custom order numbers #354
+* Fix - Do not display saved payments on PayPal buttons if vault option is disabled #358
+* Fix - Double "Place Order" button #362
+* Fix - Coupon causes TAX_TOTAL_MISMATCH #372
+* Fix - Funding sources Mercado Pago and BLIK can't be disabled #383
+* Fix - Customer details not available in order and name gets replaced by xxx@dcc2.paypal.com #378
+* Fix - 3D Secure failing for certain credit card types with PayPal Card Processing #379
+* Fix - Error messages are not cleared even when checkout is re-attempted (DCC) #366
+* Add - New additions for system report status #377
+
 = 1.6.2 - 2021-11-22 =
 * Fix - Order of WooCommerce checkout actions causing incompatibility with AvaTax address validation #335
 * Fix - Can't checkout to certain countries with optional postcode #330
diff --git a/package.json b/package.json
index 22a18792f..014145147 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "woocommerce-paypal-payments",
-  "version": "1.6.2",
+  "version": "1.6.3",
   "description": "WooCommerce PayPal Payments",
   "repository": "https://github.com/woocommerce/woocommerce-paypal-payments",
   "license": "GPL-2.0",
diff --git a/readme.txt b/readme.txt
index 982babf88..26f0f3761 100644
--- a/readme.txt
+++ b/readme.txt
@@ -4,7 +4,7 @@ Tags: woocommerce, paypal, payments, ecommerce, e-commerce, store, sales, sell,
 Requires at least: 5.3
 Tested up to: 5.8
 Requires PHP: 7.1
-Stable tag: 1.6.2
+Stable tag: 1.6.3
 License: GPLv2
 License URI: http://www.gnu.org/licenses/gpl-2.0.html
 
@@ -81,6 +81,17 @@ Follow the steps below to connect the plugin to your PayPal account:
 
 == Changelog ==
 
+= 1.6.3 =
+* Fix - Payments fail when using custom order numbers #354
+* Fix - Do not display saved payments on PayPal buttons if vault option is disabled #358
+* Fix - Double "Place Order" button #362
+* Fix - Coupon causes TAX_TOTAL_MISMATCH #372
+* Fix - Funding sources Mercado Pago and BLIK can't be disabled #383
+* Fix - Customer details not available in order and name gets replaced by xxx@dcc2.paypal.com #378
+* Fix - 3D Secure failing for certain credit card types with PayPal Card Processing #379
+* Fix - Error messages are not cleared even when checkout is re-attempted (DCC) #366
+* Add - New additions for system report status #377
+
 = 1.6.2 =
 * Fix - Order of WooCommerce checkout actions causing incompatibility with AvaTax address validation #335
 * Fix - Can't checkout to certain countries with optional postcode #330
diff --git a/woocommerce-paypal-payments.php b/woocommerce-paypal-payments.php
index b4842c28b..820697fb1 100644
--- a/woocommerce-paypal-payments.php
+++ b/woocommerce-paypal-payments.php
@@ -3,7 +3,7 @@
  * Plugin Name: WooCommerce PayPal Payments
  * Plugin URI:  https://woocommerce.com/products/woocommerce-paypal-payments/
  * Description: PayPal's latest complete payments processing solution. Accept PayPal, Pay Later, credit/debit cards, alternative digital wallets local payment types and bank accounts. Turn on only PayPal options or process a full suite of payment methods. Enable global transaction with extensive currency and country coverage.
- * Version:     1.6.2
+ * Version:     1.6.3
  * Author:      WooCommerce
  * Author URI:  https://woocommerce.com/
  * License:     GPL-2.0