diff --git a/CHANGELOG.md b/CHANGELOG.md
index e08719e..058f863 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 PayPal iOS SDK release notes
 ============================
 
+2.16.3
+------
+* Fix issue with parsing API responses [#508](https://github.com/paypal/PayPal-iOS-SDK/issues/508).
+
 2.16.2
 ------
 * Prevent issue with loading older versions of card.io [#506](https://github.com/paypal/PayPal-iOS-SDK/issues/506).
diff --git a/PayPal-iOS-SDK.podspec b/PayPal-iOS-SDK.podspec
index bdfa0ed..41842a0 100644
--- a/PayPal-iOS-SDK.podspec
+++ b/PayPal-iOS-SDK.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |spec|
   spec.name             = 'PayPal-iOS-SDK'
-  spec.version          = '2.16.2'
+  spec.version          = '2.16.3'
   spec.license          = { type: 'BSD', file: 'LICENSE' }
   spec.homepage         = 'https://developer.paypal.com/webapps/developer/docs/integration/mobile/mobile-sdk-overview/'
   spec.authors          = { 'PayPal' => 'support@paypal.com' }
diff --git a/PayPalMobile/PayPalConfiguration.h b/PayPalMobile/PayPalConfiguration.h
index 414ec65..f199ce8 100644
--- a/PayPalMobile/PayPalConfiguration.h
+++ b/PayPalMobile/PayPalConfiguration.h
@@ -1,7 +1,7 @@
 //
 //  PayPalConfiguration.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalFuturePaymentViewController.h b/PayPalMobile/PayPalFuturePaymentViewController.h
index 3fbc30e..79b7262 100644
--- a/PayPalMobile/PayPalFuturePaymentViewController.h
+++ b/PayPalMobile/PayPalFuturePaymentViewController.h
@@ -1,7 +1,7 @@
 //
 //  PayPalFuturePaymentViewController.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalMobile.h b/PayPalMobile/PayPalMobile.h
index a902a75..a57d314 100644
--- a/PayPalMobile/PayPalMobile.h
+++ b/PayPalMobile/PayPalMobile.h
@@ -1,7 +1,7 @@
 //
 //  PayPalMobile.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalOAuthScopes.h b/PayPalMobile/PayPalOAuthScopes.h
index 96a1f68..6d55e7d 100644
--- a/PayPalMobile/PayPalOAuthScopes.h
+++ b/PayPalMobile/PayPalOAuthScopes.h
@@ -1,7 +1,7 @@
 //
 //  PayPalOAuthScopes.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalPayment.h b/PayPalMobile/PayPalPayment.h
index d14bb0c..bc02384 100644
--- a/PayPalMobile/PayPalPayment.h
+++ b/PayPalMobile/PayPalPayment.h
@@ -1,7 +1,7 @@
 //
 //  PayPalPayment.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalPaymentViewController.h b/PayPalMobile/PayPalPaymentViewController.h
index 2a770fc..b9b57bd 100644
--- a/PayPalMobile/PayPalPaymentViewController.h
+++ b/PayPalMobile/PayPalPaymentViewController.h
@@ -1,7 +1,7 @@
 //
 //  PayPalPaymentViewController.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/PayPalProfileSharingViewController.h b/PayPalMobile/PayPalProfileSharingViewController.h
index d9f4f9e..1d7d838 100644
--- a/PayPalMobile/PayPalProfileSharingViewController.h
+++ b/PayPalMobile/PayPalProfileSharingViewController.h
@@ -1,7 +1,7 @@
 //
 //  PayPalProfileSharingViewController.h
 //
-//  Version 2.16.2
+//  Version 2.16.3
 //
 //  Copyright (c) 2014-2016 PayPal, Inc. All rights reserved.
 //  All rights reserved.
diff --git a/PayPalMobile/libPayPalMobile.a b/PayPalMobile/libPayPalMobile.a
index ec09376..d518e75 100644
Binary files a/PayPalMobile/libPayPalMobile.a and b/PayPalMobile/libPayPalMobile.a differ
diff --git a/SampleApp/PayPal-iOS-SDK-Sample-App/PayPal-iOS-SDK-Sample-App-Info.plist b/SampleApp/PayPal-iOS-SDK-Sample-App/PayPal-iOS-SDK-Sample-App-Info.plist
index a8eb9d2..1956054 100755
--- a/SampleApp/PayPal-iOS-SDK-Sample-App/PayPal-iOS-SDK-Sample-App-Info.plist
+++ b/SampleApp/PayPal-iOS-SDK-Sample-App/PayPal-iOS-SDK-Sample-App-Info.plist
@@ -30,11 +30,11 @@
 	<key>CFBundlePackageType</key>
 	<string>APPL</string>
 	<key>CFBundleShortVersionString</key>
-	<string>2.16.2</string>
+	<string>2.16.3</string>
 	<key>CFBundleSignature</key>
 	<string>????</string>
 	<key>CFBundleVersion</key>
-	<string>2.16.2</string>
+	<string>2.16.3</string>
 	<key>LSApplicationQueriesSchemes</key>
 	<array>
 		<string>org-appextension-feature-password-management</string>