diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1445cd00..a998ed56 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 Changelog
 =========
 
+[1.0.0-beta09](https://github.com/hyperwallet/hyperwallet-ios-sdk/releases/tag/1.0.0-beta09)
+-------------------
+- Increased API response timeout
+
 [1.0.0-beta08](https://github.com/hyperwallet/hyperwallet-ios-sdk/releases/tag/1.0.0-beta08)
 -------------------
 - Fixed Cocoapod issue
diff --git a/HyperwalletSDK.podspec b/HyperwalletSDK.podspec
index 39608bf2..d7cd858f 100644
--- a/HyperwalletSDK.podspec
+++ b/HyperwalletSDK.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |spec|
     spec.name                  = 'HyperwalletSDK'
-    spec.version               = '1.0.0-beta08'
+    spec.version               = '1.0.0-beta09'
     spec.summary               = 'Hyperwallet Core SDK for iOS to integrate with Hyperwallet Platform'
     spec.homepage              = 'https://github.com/hyperwallet/hyperwallet-ios-sdk'
     spec.license               = { :type => 'MIT', :file => 'LICENSE' }
diff --git a/README.md b/README.md
index 617aa51f..08b258bf 100644
--- a/README.md
+++ b/README.md
@@ -27,13 +27,13 @@ Use [Carthage](https://github.com/Carthage/Carthage) or [CocoaPods](https://coco
 ### Carthage
 Specify it in your Cartfile:
 ```ogdl
-github "hyperwallet/hyperwallet-ios-sdk" "1.0.0-beta08"
+github "hyperwallet/hyperwallet-ios-sdk" "1.0.0-beta09"
 ```
 
 ### CocoaPods
 Specify it in your Podfile:
 ```ruby
-pod 'HyperwalletSDK', '~> 1.0.0-beta08'
+pod 'HyperwalletSDK', '~> 1.0.0-beta09'
 ```
 
 ## Initialization
diff --git a/Sources/HTTPTransaction.swift b/Sources/HTTPTransaction.swift
index d84ea8a7..804f98c6 100644
--- a/Sources/HTTPTransaction.swift
+++ b/Sources/HTTPTransaction.swift
@@ -143,7 +143,7 @@ final class HTTPTransaction {
         _ error: HyperwalletErrorType?) -> Void)
         -> (GraphQlResult<Response>?, HyperwalletErrorType?) -> Void
         where Response: Decodable {
-            return { (result, error) in
+            { (result, error) in
                 if let error = error {
                     completionHandler(nil, error)
                 }
@@ -269,7 +269,7 @@ final class HTTPTransaction {
 
     /// Returns the default timeout - 5 seconds
     private static let defaultTimeout: Double = {
-        5.0
+        10.0
     }()
 
     /// Returns `Accept-Language` header, generated by querying `Locale` for the user's `preferredLanguages`.
diff --git a/Tests/HTTPTransactionTests.swift b/Tests/HTTPTransactionTests.swift
index 072facf5..36482bd2 100644
--- a/Tests/HTTPTransactionTests.swift
+++ b/Tests/HTTPTransactionTests.swift
@@ -16,7 +16,7 @@ class HTTPTransactionTests: XCTestCase {
         let configuration = HTTPTransaction.urlSessionConfiguration
         let header = configuration.httpAdditionalHeaders
 
-        XCTAssertEqual(configuration.timeoutIntervalForRequest, 5.0)
+        XCTAssertEqual(configuration.timeoutIntervalForRequest, 10.0)
         XCTAssertEqual(header?["Content-Type"] as? String, "application/json")
         XCTAssertTrue((header?["Accept-Language"] as? String ?? "").contains("en"))
         let userAgent = header?["User-Agent"] as? String