diff --git a/package.json b/package.json
index c3842219a49..54554e3a408 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "woocommerce-rest-api",
   "title": "WooCommerce REST API",
-  "version": "1.0.5",
+  "version": "1.0.8",
   "homepage": "https://woocommerce.com/",
   "repository": {
     "type": "git",
diff --git a/src/Package.php b/src/Package.php
index e524c51bcef..13c5ff30588 100644
--- a/src/Package.php
+++ b/src/Package.php
@@ -19,7 +19,7 @@ class Package {
 	 *
 	 * @var string
 	 */
-	const VERSION = '1.0.7';
+	const VERSION = '1.0.8';
 
 	/**
 	 * Init the package - load the REST API Server class.
diff --git a/woocommerce-rest-api.php b/woocommerce-rest-api.php
index 296dac73707..10b7ea38a29 100644
--- a/woocommerce-rest-api.php
+++ b/woocommerce-rest-api.php
@@ -5,8 +5,8 @@
  * Description: The WooCommerce core REST API, installed as a feature plugin for development and testing purposes. Requires WooCommerce 3.7+ and PHP 5.3+.
  * Author: Automattic
  * Author URI: https://woocommerce.com
- * Version: 1.0.7
- * Requires PHP: 5.6
+ * Version: 1.0.8
+ * Requires PHP: 7.0
  * License: GPLv3
  *
  * @package Automattic/WooCommerce/RestApi
@@ -15,7 +15,7 @@
 
 defined( 'ABSPATH' ) || exit;
 
-if ( version_compare( PHP_VERSION, '5.6.0', '<' ) ) {
+if ( version_compare( PHP_VERSION, '7.0.0', '<' ) ) {
 	return;
 }