diff --git a/CHANGELOG.md b/CHANGELOG.md
index b88ff961a..e92850331 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 16.3.0-beta.3 - 2024-11-14
+* [#1784](https://github.com/stripe/stripe-php/pull/1784) Update generated code for beta
+
+
 ## 16.3.0-beta.2 - 2024-11-07
 * [#1783](https://github.com/stripe/stripe-php/pull/1783) Update generated code for beta
   * Add support for new resources `Issuing.FraudLiabilityDebit`, `PaymentAttemptRecord`, and `PaymentRecord`
diff --git a/VERSION b/VERSION
index e0a4c257c..f89ed26ad 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-16.3.0-beta.2
+16.3.0-beta.3
diff --git a/lib/Stripe.php b/lib/Stripe.php
index 0815605b6..f8c7df30d 100644
--- a/lib/Stripe.php
+++ b/lib/Stripe.php
@@ -64,7 +64,7 @@ class Stripe
     /** @var float Initial delay between retries, in seconds */
     private static $initialNetworkRetryDelay = 0.5;
 
-    const VERSION = '16.3.0-beta.2';
+    const VERSION = '16.3.0-beta.3';
 
     /**
      * @return string the API key used for requests