diff --git a/pom.xml b/pom.xml
index d5e5fab..40c827d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>org.wso2.apim.monetization</groupId>
     <artifactId>org.wso2.apim.monetization.impl</artifactId>
-    <version>1.2.0</version>
+    <version>1.3.0</version>
 
     <dependencies>
         <dependency>