diff --git a/package-lock.json b/package-lock.json
index 4d1027de5..0ebf81ae4 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -20,7 +20,7 @@
         "@fortawesome/free-solid-svg-icons": "^6.1.1",
         "@fortawesome/react-fontawesome": "^0.2.0",
         "@openedx/paragon": "^22.0.0",
-        "@stripe/react-stripe-js": "^1.10.0",
+        "@stripe/react-stripe-js": "^2.0.0",
         "@stripe/stripe-js": "^1.36.0",
         "axios": "^0.27.2",
         "bootstrap": "4.6.1",
@@ -4426,14 +4426,14 @@
       }
     },
     "node_modules/@stripe/react-stripe-js": {
-      "version": "1.16.5",
-      "resolved": "https://registry.npmjs.org/@stripe/react-stripe-js/-/react-stripe-js-1.16.5.tgz",
-      "integrity": "sha512-lVPW3IfwdacyS22pP+nBB6/GNFRRhT/4jfgAK6T2guQmtzPwJV1DogiGGaBNhiKtSY18+yS8KlHSu+PvZNclvQ==",
+      "version": "2.5.1",
+      "resolved": "https://registry.npmjs.org/@stripe/react-stripe-js/-/react-stripe-js-2.5.1.tgz",
+      "integrity": "sha512-95BwDhOkl1TwIn5sldWW35GYt6wx+uYuwGjebaMOpOdHGyBKcDnBhTjIww+bUdmA2oCmpUqKnoB4OZJuqK8tJA==",
       "dependencies": {
         "prop-types": "^15.7.2"
       },
       "peerDependencies": {
-        "@stripe/stripe-js": "^1.44.1",
+        "@stripe/stripe-js": "^1.44.1 || ^2.0.0 || ^3.0.0",
         "react": "^16.8.0 || ^17.0.0 || ^18.0.0",
         "react-dom": "^16.8.0 || ^17.0.0 || ^18.0.0"
       }
diff --git a/package.json b/package.json
index 8bb334f0c..d2e3ffd49 100755
--- a/package.json
+++ b/package.json
@@ -41,7 +41,7 @@
     "@fortawesome/free-solid-svg-icons": "^6.1.1",
     "@fortawesome/react-fontawesome": "^0.2.0",
     "@openedx/paragon": "^22.0.0",
-    "@stripe/react-stripe-js": "^1.10.0",
+    "@stripe/react-stripe-js": "^2.0.0",
     "@stripe/stripe-js": "^1.36.0",
     "axios": "^0.27.2",
     "bootstrap": "4.6.1",