diff --git a/package-lock.json b/package-lock.json
index d802d1439..43bdb4958 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -10,7 +10,7 @@
       "license": "MIT",
       "dependencies": {
         "axios": "1.3.2",
-        "axios-retry": "3.4.0",
+        "axios-retry": "4.5.0",
         "qs": "6.11.0"
       },
       "devDependencies": {
@@ -306,17 +306,6 @@
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-    "node_modules/@babel/runtime": {
-      "version": "7.18.9",
-      "resolved": "https://registry.npmjs.org/@babel/runtime/-/runtime-7.18.9.tgz",
-      "integrity": "sha512-lkqXDcvlFT5rvEjiu6+QYO+1GXrEHRo2LOtS7E4GtX5ESIZOgepqsZBVIj6Pv+a6zqsya9VCgiK1KAK4BvJDAw==",
-      "dependencies": {
-        "regenerator-runtime": "^0.13.4"
-      },
-      "engines": {
-        "node": ">=6.9.0"
-      }
-    },
     "node_modules/@babel/template": {
       "version": "7.20.7",
       "resolved": "https://registry.npmjs.org/@babel/template/-/template-7.20.7.tgz",
@@ -814,12 +803,15 @@
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-      "version": "3.4.0",
-      "resolved": "https://registry.npmjs.org/axios-retry/-/axios-retry-3.4.0.tgz",
-      "integrity": "sha512-VdgaP+gHH4iQYCCNUWF2pcqeciVOdGrBBAYUfTY+wPcO5Ltvp/37MLFNCmJKo7Gj3SHvCSdL8ouI1qLYJN3liA==",
+      "version": "4.5.0",
+      "resolved": "https://registry.npmjs.org/axios-retry/-/axios-retry-4.5.0.tgz",
+      "integrity": "sha512-aR99oXhpEDGo0UuAlYcn2iGRds30k366Zfa05XWScR9QaQD4JYiP3/1Qt1u7YlefUOK+cn0CcwoL1oefavQUlQ==",
+      "license": "Apache-2.0",
       "dependencies": {
-        "@babel/runtime": "^7.15.4",
         "is-retry-allowed": "^2.2.0"
+      },
+      "peerDependencies": {
+        "axios": "0.x || 1.x"
       }
     },
     "node_modules/balanced-match": {
@@ -4072,11 +4064,6 @@
         "node": ">=8.10.0"
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-    "node_modules/regenerator-runtime": {
-      "version": "0.13.9",
-      "resolved": "https://registry.npmjs.org/regenerator-runtime/-/regenerator-runtime-0.13.9.tgz",
-      "integrity": "sha512-p3VT+cOEgxFsRRA9X4lkI1E+k2/CtnKtU4gcxyaCUreilL/vqI6CdZ3wxVUx3UOUg+gnUOQQcRI7BmSI656MYA=="
-    },
     "node_modules/regexp.prototype.flags": {
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       "resolved": "https://registry.npmjs.org/regexp.prototype.flags/-/regexp.prototype.flags-1.4.3.tgz",
@@ -5160,14 +5147,6 @@
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       "dev": true
     },
-    "@babel/runtime": {
-      "version": "7.18.9",
-      "resolved": "https://registry.npmjs.org/@babel/runtime/-/runtime-7.18.9.tgz",
-      "integrity": "sha512-lkqXDcvlFT5rvEjiu6+QYO+1GXrEHRo2LOtS7E4GtX5ESIZOgepqsZBVIj6Pv+a6zqsya9VCgiK1KAK4BvJDAw==",
-      "requires": {
-        "regenerator-runtime": "^0.13.4"
-      }
-    },
     "@babel/template": {
       "version": "7.20.7",
       "resolved": "https://registry.npmjs.org/@babel/template/-/template-7.20.7.tgz",
@@ -5576,11 +5555,10 @@
       }
     },
     "axios-retry": {
-      "version": "3.4.0",
-      "resolved": "https://registry.npmjs.org/axios-retry/-/axios-retry-3.4.0.tgz",
-      "integrity": "sha512-VdgaP+gHH4iQYCCNUWF2pcqeciVOdGrBBAYUfTY+wPcO5Ltvp/37MLFNCmJKo7Gj3SHvCSdL8ouI1qLYJN3liA==",
+      "version": "4.5.0",
+      "resolved": "https://registry.npmjs.org/axios-retry/-/axios-retry-4.5.0.tgz",
+      "integrity": "sha512-aR99oXhpEDGo0UuAlYcn2iGRds30k366Zfa05XWScR9QaQD4JYiP3/1Qt1u7YlefUOK+cn0CcwoL1oefavQUlQ==",
       "requires": {
-        "@babel/runtime": "^7.15.4",
         "is-retry-allowed": "^2.2.0"
       }
     },
@@ -7970,11 +7948,6 @@
         "picomatch": "^2.2.1"
       }
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-    "regenerator-runtime": {
-      "version": "0.13.9",
-      "resolved": "https://registry.npmjs.org/regenerator-runtime/-/regenerator-runtime-0.13.9.tgz",
-      "integrity": "sha512-p3VT+cOEgxFsRRA9X4lkI1E+k2/CtnKtU4gcxyaCUreilL/vqI6CdZ3wxVUx3UOUg+gnUOQQcRI7BmSI656MYA=="
-    },
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       "version": "1.4.3",
       "resolved": "https://registry.npmjs.org/regexp.prototype.flags/-/regexp.prototype.flags-1.4.3.tgz",
diff --git a/package.json b/package.json
index 1e5708668..26b4ecfe8 100644
--- a/package.json
+++ b/package.json
@@ -20,7 +20,7 @@
   "homepage": "https://github.com/dimensionalpocket/api-client-js#readme",
   "dependencies": {
     "axios": "1.3.2",
-    "axios-retry": "3.4.0",
+    "axios-retry": "4.5.0",
     "qs": "6.11.0"
   },
   "devDependencies": {