diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1187c3e..e8ab780 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 ## [Unreleased]
 ### Added
+- Return back deprecated `rp_log_batch_payload_size` parameter for sake of backward compatibility, by @HardNorth
+
+## [5.5.3]
+### Added
 - OAuth 2.0 Password Grant authentication, by @HardNorth
 ### Changed
 - Client version updated to [5.6.7](https://github.com/reportportal/client-Python/releases/tag/5.6.7), by @HardNorth
diff --git a/pytest_reportportal/config.py b/pytest_reportportal/config.py
index a16413d..2d7a630 100644
--- a/pytest_reportportal/config.py
+++ b/pytest_reportportal/config.py
@@ -113,10 +113,23 @@ def __init__(self, pytest_config: Config) -> None:
         self.rp_launch_description = self.find_option(pytest_config, "rp_launch_description")
         self.rp_log_batch_size = int(self.find_option(pytest_config, "rp_log_batch_size"))
         batch_payload_size_limit = self.find_option(pytest_config, "rp_log_batch_payload_limit")
+        batch_payload_size = self.find_option(pytest_config, "rp_log_batch_payload_size")
+        if batch_payload_size:
+            warnings.warn(
+                "Parameter `rp_log_batch_payload_size` is deprecated since 5.5.4 "
+                "and will be subject for removing in the next major version. Use `rp_log_batch_payload_limit` argument"
+                " instead.",
+                DeprecationWarning,
+                2,
+            )
+            if not batch_payload_size_limit:
+                batch_payload_size_limit = batch_payload_size
+
         if batch_payload_size_limit:
             self.rp_log_batch_payload_limit = int(batch_payload_size_limit)
         else:
             self.rp_log_batch_payload_limit = MAX_LOG_BATCH_PAYLOAD_SIZE
+
         self.rp_log_level = get_actual_log_level(pytest_config, "rp_log_level")
         self.rp_log_format = self.find_option(pytest_config, "rp_log_format")
         self.rp_thread_logging = to_bool(self.find_option(pytest_config, "rp_thread_logging") or False)
diff --git a/pytest_reportportal/plugin.py b/pytest_reportportal/plugin.py
index f400d33..14a46a9 100644
--- a/pytest_reportportal/plugin.py
+++ b/pytest_reportportal/plugin.py
@@ -27,7 +27,6 @@
 from pytest import Item, Session
 from reportportal_client import RP, RPLogHandler
 from reportportal_client.errors import ResponseError
-from reportportal_client.logs import MAX_LOG_BATCH_PAYLOAD_SIZE
 
 from pytest_reportportal import LAUNCH_WAIT_TIMEOUT
 from pytest_reportportal.config import AgentConfig
@@ -595,9 +594,12 @@ def add_shared_option(name, help_str, default=None, action="store"):
     parser.addini("rp_log_batch_size", default="20", help="Size of batch log requests in async mode")
     parser.addini(
         "rp_log_batch_payload_limit",
-        default=str(MAX_LOG_BATCH_PAYLOAD_SIZE),
         help="Maximum payload size in bytes of async batch log requests",
     )
+    parser.addini(
+        "rp_log_batch_payload_size",
+        help="DEPRECATED: Maximum payload size in bytes of async batch log requests",
+    )
     parser.addini("rp_ignore_attributes", type="args", help="Ignore specified pytest markers, i.e parametrize")
     parser.addini(
         "rp_is_skipped_an_issue", default=True, type="bool", help="Treat skipped tests as required investigation"
diff --git a/setup.py b/setup.py
index fb8562a..943cab7 100644
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@
 
 from setuptools import setup
 
-__version__ = "5.5.3"
+__version__ = "5.5.4"
 
 
 def read_file(fname):
diff --git a/tests/unit/test_plugin.py b/tests/unit/test_plugin.py
index 5d3f745..41d7ac0 100644
--- a/tests/unit/test_plugin.py
+++ b/tests/unit/test_plugin.py
@@ -258,6 +258,7 @@ def test_pytest_addoption_adds_correct_ini_file_arguments():
         "rp_tests_attributes",
         "rp_log_batch_size",
         "rp_log_batch_payload_limit",
+        "rp_log_batch_payload_size",
         "rp_ignore_attributes",
         "rp_is_skipped_an_issue",
         "rp_hierarchy_code",