diff --git a/example/package.json b/example/package.json
index d33734244..300fd3fc2 100644
--- a/example/package.json
+++ b/example/package.json
@@ -37,7 +37,7 @@
     "nodemon": "^2.0.19",
     "path": "^0.12.7",
     "react-test-renderer": "18.0.0",
-    "stripe": "^11.0.0",
+    "stripe": "^14.18.0",
     "typescript": "^4.5.5"
   }
 }
diff --git a/example/server/index.ts b/example/server/index.ts
index 33c06e01b..256bdbe72 100644
--- a/example/server/index.ts
+++ b/example/server/index.ts
@@ -117,7 +117,7 @@ app.post(
     const { secret_key } = getKeys(payment_method_types[0]);
 
     const stripe = new Stripe(secret_key as string, {
-      apiVersion: '2022-11-15',
+      apiVersion: '2023-10-16',
       typescript: true,
     });
 
@@ -177,7 +177,7 @@ app.post(
     const { secret_key } = getKeys();
 
     const stripe = new Stripe(secret_key as string, {
-      apiVersion: '2022-11-15',
+      apiVersion: '2023-10-16',
       typescript: true,
     });
     const customers = await stripe.customers.list({
@@ -255,7 +255,7 @@ app.post(
     const { secret_key } = getKeys();
 
     const stripe = new Stripe(secret_key as string, {
-      apiVersion: '2022-11-15',
+      apiVersion: '2023-10-16',
       typescript: true,
     });
 
@@ -344,7 +344,7 @@ app.post('/create-setup-intent', async (req, res) => {
   const { secret_key } = getKeys(payment_method_types[0]);
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
   const customer = await stripe.customers.create({ email });
@@ -401,7 +401,7 @@ app.post(
     const { secret_key } = getKeys();
 
     const stripe = new Stripe(secret_key as string, {
-      apiVersion: '2022-11-15',
+      apiVersion: '2023-10-16',
       typescript: true,
     });
     // console.log('webhook!', req);
@@ -464,7 +464,7 @@ app.post('/charge-card-off-session', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -534,11 +534,27 @@ app.post('/charge-card-off-session', async (req, res) => {
 // This example sets up an endpoint using the Express framework.
 // Watch this video to get started: https://youtu.be/rPR2aJ6XnAc.
 
-app.post('/payment-sheet', async (_, res) => {
+app.post('/payment-sheet', async (req, res) => {
+  const {
+    customer_key_type,
+  }: {
+    customer_key_type?: string;
+  } = req.body;
+
+  if (
+    customer_key_type !== 'legacy_ephemeral_key' &&
+    customer_key_type !== 'customer_session'
+  ) {
+    return res.send({
+      error:
+        '`customer_key_type` is not valid! Please pass either "customer_session" or "legacy_ephemeral_key"',
+    });
+  }
+
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -553,10 +569,6 @@ app.post('/payment-sheet', async (_, res) => {
     });
   }
 
-  const ephemeralKey = await stripe.ephemeralKeys.create(
-    { customer: customer.id },
-    { apiVersion: '2022-11-15' }
-  );
   const paymentIntent = await stripe.paymentIntents.create({
     amount: 5099,
     currency: 'usd',
@@ -577,18 +589,72 @@ app.post('/payment-sheet', async (_, res) => {
       // 'us_bank_account',
     ],
   });
-  return res.json({
-    paymentIntent: paymentIntent.client_secret,
-    ephemeralKey: ephemeralKey.secret,
-    customer: customer.id,
-  });
+
+  if (customer_key_type === 'legacy_ephemeral_key') {
+    const ephemeralKey = await stripe.ephemeralKeys.create(
+      { customer: customer.id },
+      { apiVersion: '2023-10-16' }
+    );
+
+    return res.json({
+      paymentIntent: paymentIntent.client_secret,
+      ephemeralKey: ephemeralKey.secret,
+      customer: customer.id,
+    });
+  } else {
+    const customerSessionClientSecret = await stripe.customerSessions.create(
+      {
+        customer: customer.id,
+        components: {
+          // This needs to be ignored because `mobile_payment_element` is not specified as a type in `stripe-node` yet.
+          // @ts-ignore
+          mobile_payment_element: {
+            enabled: true,
+            features: {
+              payment_method_save: 'disabled',
+              payment_method_remove: 'enabled',
+              payment_method_redisplay: 'enabled',
+              payment_method_allow_redisplay_filters: [
+                'unspecified',
+                'limited',
+                'always',
+              ],
+            },
+          },
+        },
+      },
+      { apiVersion: '2023-10-16' }
+    );
+
+    return res.json({
+      paymentIntent: paymentIntent.client_secret,
+      customerSessionClientSecret: customerSessionClientSecret.client_secret,
+      customer: customer.id,
+    });
+  }
 });
 
-app.post('/payment-sheet-subscription', async (_, res) => {
+app.post('/payment-sheet-subscription', async (req, res) => {
+  const {
+    customer_key_type,
+  }: {
+    customer_key_type?: string;
+  } = req.body;
+
+  if (
+    customer_key_type !== 'legacy_ephemeral_key' &&
+    customer_key_type !== 'customer_session'
+  ) {
+    return res.send({
+      error:
+        '`customer_key_type` is not valid! Please pass either "customer_session" or "legacy_ephemeral_key"',
+    });
+  }
+
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -603,10 +669,6 @@ app.post('/payment-sheet-subscription', async (_, res) => {
     });
   }
 
-  const ephemeralKey = await stripe.ephemeralKeys.create(
-    { customer: customer.id },
-    { apiVersion: '2022-11-15' }
-  );
   const subscription = await stripe.subscriptions.create({
     customer: customer.id,
     items: [{ price: 'price_1L3hcFLu5o3P18Zp9GDQEnqe' }],
@@ -618,11 +680,49 @@ app.post('/payment-sheet-subscription', async (_, res) => {
       subscription.pending_setup_intent
     );
 
-    return res.json({
-      setupIntent: setupIntent.client_secret,
-      ephemeralKey: ephemeralKey.secret,
-      customer: customer.id,
-    });
+    if (customer_key_type === 'legacy_ephemeral_key') {
+      const ephemeralKey = await stripe.ephemeralKeys.create(
+        { customer: customer.id },
+        { apiVersion: '2023-10-16' }
+      );
+
+      return res.json({
+        setupIntent: setupIntent.client_secret,
+        ephemeralKey: ephemeralKey.secret,
+        customer: customer.id,
+      });
+    } else {
+      const customerSessionClientSecret = await stripe.customerSessions.create(
+        {
+          customer: customer.id,
+          components: {
+            // This needs to be ignored because `mobile_payment_element` is not specified as a type in `stripe-node` yet.
+            // @ts-ignore
+            mobile_payment_element: {
+              enabled: true,
+              features: {
+                payment_method_save: true,
+                payment_method_remove: true,
+                payment_method_redisplay: true,
+                payment_method_save_allow_redisplay_override: true,
+                payment_method_allow_redisplay_filters: [
+                  'unspecified',
+                  'limited',
+                  'always',
+                ],
+              },
+            },
+          },
+        },
+        { apiVersion: '2023-10-16' }
+      );
+
+      return res.json({
+        setupIntent: setupIntent.client_secret,
+        customerSessionClientSecret: customerSessionClientSecret.client_secret,
+        customer: customer.id,
+      });
+    }
   } else {
     throw new Error(
       'Expected response type string, but received: ' +
@@ -655,7 +755,7 @@ app.post('/issuing-card-details', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -678,7 +778,7 @@ app.post('/financial-connections-sheet', async (_, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -704,7 +804,7 @@ app.post('/payment-intent-for-payment-sheet', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -726,7 +826,7 @@ app.post('/customer-sheet', async (_, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -754,7 +854,7 @@ app.post('/fetch-payment-methods', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
@@ -771,7 +871,7 @@ app.post('/attach-payment-method', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
   console.log({ customer: req.body.customerId });
@@ -789,7 +889,7 @@ app.post('/detach-payment-method', async (req, res) => {
   const { secret_key } = getKeys();
 
   const stripe = new Stripe(secret_key as string, {
-    apiVersion: '2022-11-15',
+    apiVersion: '2023-10-16',
     typescript: true,
   });
 
diff --git a/example/src/screens/PaymentsUICompleteScreen.tsx b/example/src/screens/PaymentsUICompleteScreen.tsx
index 00956c149..8ac98ac5c 100644
--- a/example/src/screens/PaymentsUICompleteScreen.tsx
+++ b/example/src/screens/PaymentsUICompleteScreen.tsx
@@ -1,5 +1,13 @@
-import React, { useState } from 'react';
-import { Alert } from 'react-native';
+import React, { useCallback, useEffect, useState } from 'react';
+import {
+  Alert,
+  StyleProp,
+  Switch,
+  Text,
+  TextStyle,
+  View,
+  ViewStyle,
+} from 'react-native';
 import {
   AddressDetails,
   useStripe,
@@ -23,20 +31,39 @@ export default function PaymentsUICompleteScreen() {
   const [addressSheetVisible, setAddressSheetVisible] = useState(false);
   const [clientSecret, setClientSecret] = useState<string>();
 
-  const fetchPaymentSheetParams = async () => {
+  const [customerKeyType, setCustomerKeyType] = useState<string>(
+    'legacy_ephemeral_key'
+  );
+
+  const fetchPaymentSheetParams = async (customer_key_type: string) => {
     const response = await fetch(`${API_URL}/payment-sheet`, {
       method: 'POST',
       headers: {
         'Content-Type': 'application/json',
       },
+      body: JSON.stringify({
+        customer_key_type,
+      }),
     });
-    const { paymentIntent, ephemeralKey, customer } = await response.json();
-    setClientSecret(paymentIntent);
-    return {
-      paymentIntent,
-      ephemeralKey,
-      customer,
-    };
+
+    if (customer_key_type === 'customer_session') {
+      const { paymentIntent, customerSessionClientSecret, customer } =
+        await response.json();
+      setClientSecret(paymentIntent);
+      return {
+        paymentIntent,
+        customerSessionClientSecret,
+        customer,
+      };
+    } else {
+      const { paymentIntent, ephemeralKey, customer } = await response.json();
+      setClientSecret(paymentIntent);
+      return {
+        paymentIntent,
+        ephemeralKey,
+        customer,
+      };
+    }
   };
 
   const openPaymentSheet = async () => {
@@ -74,65 +101,89 @@ export default function PaymentsUICompleteScreen() {
     setLoading(false);
   };
 
-  const initialisePaymentSheet = async (shippingDetails?: AddressDetails) => {
-    const { paymentIntent, ephemeralKey, customer } =
-      await fetchPaymentSheetParams();
+  const initialisePaymentSheet = useCallback(
+    async (shippingDetails?: AddressDetails) => {
+      const { paymentIntent, customer, ...remainingParams } =
+        await fetchPaymentSheetParams(customerKeyType);
 
-    const address: Address = {
-      city: 'San Francisco',
-      country: 'AT',
-      line1: '510 Townsend St.',
-      line2: '123 Street',
-      postalCode: '94102',
-      state: 'California',
-    };
-    const billingDetails: BillingDetails = {
-      name: 'Jane Doe',
-      email: 'foo@bar.com',
-      phone: '555-555-555',
-      address: address,
-    };
+      const clientSecretParams =
+        customerKeyType === 'customer_session'
+          ? {
+              customerSessionClientSecret:
+                remainingParams.customerSessionClientSecret,
+            }
+          : { customerEphemeralKeySecret: remainingParams.ephemeralKey };
 
-    const { error } = await initPaymentSheet({
-      customerId: customer,
-      customerEphemeralKeySecret: ephemeralKey,
-      paymentIntentClientSecret: paymentIntent,
-      customFlow: false,
-      merchantDisplayName: 'Example Inc.',
-      applePay: { merchantCountryCode: 'US' },
-      style: 'automatic',
-      googlePay: {
-        merchantCountryCode: 'US',
-        testEnv: true,
-      },
-      returnURL: 'stripe-example://stripe-redirect',
-      defaultBillingDetails: billingDetails,
-      defaultShippingDetails: shippingDetails,
-      allowsDelayedPaymentMethods: true,
-      appearance,
-      primaryButtonLabel: 'purchase!',
-      removeSavedPaymentMethodMessage: 'remove this payment method?',
-      preferredNetworks: [CardBrand.Amex, CardBrand.Visa],
-    });
-    if (!error) {
-      setPaymentSheetEnabled(true);
-    } else if (error.code === PaymentSheetError.Failed) {
-      Alert.alert(
-        `PaymentSheet init failed with error code: ${error.code}`,
-        error.message
-      );
-    } else if (error.code === PaymentSheetError.Canceled) {
-      Alert.alert(
-        `PaymentSheet init was canceled with code: ${error.code}`,
-        error.message
-      );
+      const address: Address = {
+        city: 'San Francisco',
+        country: 'AT',
+        line1: '510 Townsend St.',
+        line2: '123 Street',
+        postalCode: '94102',
+        state: 'California',
+      };
+      const billingDetails: BillingDetails = {
+        name: 'Jane Doe',
+        email: 'foo@bar.com',
+        phone: '555-555-555',
+        address: address,
+      };
+
+      const { error } = await initPaymentSheet({
+        customerId: customer,
+        paymentIntentClientSecret: paymentIntent,
+        customFlow: false,
+        merchantDisplayName: 'Example Inc.',
+        applePay: { merchantCountryCode: 'US' },
+        style: 'automatic',
+        googlePay: {
+          merchantCountryCode: 'US',
+          testEnv: true,
+        },
+        returnURL: 'stripe-example://stripe-redirect',
+        defaultBillingDetails: billingDetails,
+        defaultShippingDetails: shippingDetails,
+        allowsDelayedPaymentMethods: true,
+        appearance,
+        primaryButtonLabel: 'purchase!',
+        removeSavedPaymentMethodMessage: 'remove this payment method?',
+        preferredNetworks: [CardBrand.Amex, CardBrand.Visa],
+        ...clientSecretParams,
+      });
+      if (!error) {
+        setPaymentSheetEnabled(true);
+      } else if (error.code === PaymentSheetError.Failed) {
+        Alert.alert(
+          `PaymentSheet init failed with error code: ${error.code}`,
+          error.message
+        );
+      } else if (error.code === PaymentSheetError.Canceled) {
+        Alert.alert(
+          `PaymentSheet init was canceled with code: ${error.code}`,
+          error.message
+        );
+      }
+    },
+    [customerKeyType, initPaymentSheet]
+  );
+
+  const toggleCustomerKeyType = (value: boolean) => {
+    if (value) {
+      setCustomerKeyType('customer_session');
+    } else {
+      setCustomerKeyType('legacy_ephemeral_key');
     }
   };
 
+  useEffect(() => {
+    setPaymentSheetEnabled(false);
+    initialisePaymentSheet().catch((err) => console.log(err));
+  }, [customerKeyType, initialisePaymentSheet]);
+
   return (
     // In your app’s checkout, make a network request to the backend and initialize PaymentSheet.
     // To reduce loading time, make this request before the Checkout button is tapped, e.g. when the screen is loaded.
-    <PaymentScreen onInit={initialisePaymentSheet}>
+    <PaymentScreen>
       <Button
         variant="default"
         loading={loading}
@@ -145,6 +196,13 @@ export default function PaymentsUICompleteScreen() {
           setAddressSheetVisible(true);
         }}
       />
+      <View style={SWITCH_CONTAINER_STYLE}>
+        <Text style={SWITCH_TITLE_STYLE}>Enable Customer Session</Text>
+        <Switch
+          onValueChange={toggleCustomerKeyType}
+          value={customerKeyType === 'customer_session'}
+        />
+      </View>
       <Button
         variant="primary"
         loading={loading}
@@ -226,3 +284,14 @@ export default function PaymentsUICompleteScreen() {
     </PaymentScreen>
   );
 }
+
+const SWITCH_CONTAINER_STYLE: StyleProp<ViewStyle> = {
+  flex: 1,
+  flexDirection: 'row',
+  justifyContent: 'space-between',
+};
+
+const SWITCH_TITLE_STYLE: StyleProp<TextStyle> = {
+  marginEnd: 10,
+  textAlignVertical: 'center',
+};
diff --git a/example/yarn.lock b/example/yarn.lock
index 10d85fe41..436498ad5 100644
--- a/example/yarn.lock
+++ b/example/yarn.lock
@@ -4571,10 +4571,10 @@ strip-eof@^1.0.0:
   resolved "https://registry.yarnpkg.com/strip-eof/-/strip-eof-1.0.0.tgz#bb43ff5598a6eb05d89b59fcd129c983313606bf"
   integrity sha512-7FCwGGmx8mD5xQd3RPUvnSpUXHM3BWuzjtpD4TXsfcZ9EL4azvVVUscFYwD9nx8Kh+uCBC00XBtAykoMHwTh8Q==
 
-stripe@^11.0.0:
-  version "11.14.0"
-  resolved "https://registry.yarnpkg.com/stripe/-/stripe-11.14.0.tgz#3e755921f69267a2a653e61d8ac37fe853740421"
-  integrity sha512-EqIMCKkfkewf3eLJo0fopDy/EN2UF6q7L3NEycwThjZRUj8HFz3BpcEDjCITfNJ04ozrAmZNqFaiW46YG4KUtw==
+stripe@^14.18.0:
+  version "14.25.0"
+  resolved "https://registry.yarnpkg.com/stripe/-/stripe-14.25.0.tgz#65924510465924d2688a2b4d7f9cbfd8548cf9b9"
+  integrity sha512-wQS3GNMofCXwH8TSje8E1SE8zr6ODiGtHQgPtO95p9Mb4FhKC9jvXR2NUTpZ9ZINlckJcFidCmaTFV4P6vsb9g==
   dependencies:
     "@types/node" ">=8.1.0"
     qs "^6.11.0"