diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1ea1933a69..3eec5c3a0a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # CHANGELOG
 
+## 8.199.0 - 2022-01-20
+* [#1332](https://github.com/stripe/stripe-node/pull/1332) API Updates
+  * Add support for new resource `PaymentLink`
+  * Add support for `payment_link` on `Checkout.Session`
+
 ## 8.198.0 - 2022-01-19
 * [#1331](https://github.com/stripe/stripe-node/pull/1331) API Updates
   * Change type of `Charge.status` from `string` to `enum('failed'|'pending'|'succeeded')`
diff --git a/VERSION b/VERSION
index 5faecb5891..2de4774b76 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-8.198.0
+8.199.0
diff --git a/package.json b/package.json
index e815a7659b..cc18cbaac9 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "stripe",
-  "version": "8.198.0",
+  "version": "8.199.0",
   "description": "Stripe API wrapper",
   "keywords": [
     "stripe",