diff --git a/contrib/osx/make_osx b/contrib/osx/make_osx
index 95f513011..51e1d5a99 100755
--- a/contrib/osx/make_osx
+++ b/contrib/osx/make_osx
@@ -3,7 +3,7 @@
 set -e
 
 # Parameterize
-PYTHON_VERSION=3.7.9
+PYTHON_VERSION=3.9.7
 BUILDDIR=/tmp/electrum-build
 PACKAGE=Electrum
 GIT_REPO=https://github.com/spesmilo/electrum
@@ -72,7 +72,7 @@ PKG_FILE="python-${PYTHON_VERSION}-macosx10.9.pkg"
 if [ ! -f "$CACHEDIR/$PKG_FILE" ]; then
     curl -o "$CACHEDIR/$PKG_FILE" "https://www.python.org/ftp/python/${PYTHON_VERSION}/$PKG_FILE"
 fi
-echo "bf54a14eef23467991e8c7a88c7307762e484c024a94ec1ee292ac1db3d41fc9  $CACHEDIR/$PKG_FILE" | shasum -a 256 -c \
+echo "f40f7407d20f88a6a64678b6586853de16cc5d7d07c82a8a2a7e43bba59dbae5  $CACHEDIR/$PKG_FILE" | shasum -a 256 -c \
      || fail "python pkg checksum mismatched"
 sudo installer -pkg "$CACHEDIR/$PKG_FILE" -target / \
     || fail "failed to install python"