diff --git a/VERSION b/VERSION
index 04ada833e..1bcdaf5fe 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-10.6.1
+10.7.0
diff --git a/composer.json b/composer.json
index 9bbfb21d3..32a54b4b9 100755
--- a/composer.json
+++ b/composer.json
@@ -2,7 +2,7 @@
   "name": "adyen/module-payment",
   "description": "Official Magento2 Plugin to connect to Payment Service Provider Adyen.",
   "type": "magento2-module",
-  "version": "10.6.1",
+  "version": "10.7.0",
   "license": "MIT",
   "repositories": [
     {