diff --git a/merchant-registry-svc/README.md b/merchant-registry-svc/README.md
index 64c9a0321..39042e230 100644
--- a/merchant-registry-svc/README.md
+++ b/merchant-registry-svc/README.md
@@ -22,6 +22,9 @@
 
 ### Deploying the Helm Charts
 
+Note: Recommended to use external Third Party S3 Services (like Amazon S3, Digital Ocean Space etc.) for storing the documents and QR Images instead of the MinIO S3 instance service.
+See the [`./chart-acquirer-backend/values.yaml`](./chart-acquirer-backend/values.yaml) for the configuration.
+
 1. Build Dependency Chart
 
 ```bash
diff --git a/merchant-registry-svc/chart-acquirer-backend/values.yaml b/merchant-registry-svc/chart-acquirer-backend/values.yaml
index f3fb7481d..991a673f2 100644
--- a/merchant-registry-svc/chart-acquirer-backend/values.yaml
+++ b/merchant-registry-svc/chart-acquirer-backend/values.yaml
@@ -6,7 +6,7 @@ acquirerBackend:
   replicaCount: 1
   image:
     repository: mojaloop/merchant-acquirer-backend
-    tag: 0.1.3
+    tag: 1.0.1
   service:
     type: ClusterIP
     port: 5555
diff --git a/merchant-registry-svc/chart-acquirer-frontend/values.yaml b/merchant-registry-svc/chart-acquirer-frontend/values.yaml
index 9916a1b8d..65bd6b7fa 100644
--- a/merchant-registry-svc/chart-acquirer-frontend/values.yaml
+++ b/merchant-registry-svc/chart-acquirer-frontend/values.yaml
@@ -6,7 +6,7 @@ acquirerFrontend:
   replicaCount: 1
   image:
     repository: mojaloop/merchant-acquirer-frontend
-    tag: 0.1.3
+    tag: 1.0.1
   service:
     type: ClusterIP
     port: 5173
diff --git a/merchant-registry-svc/chart-registry-oracle/values.yaml b/merchant-registry-svc/chart-registry-oracle/values.yaml
index 3f0b56dff..3f705ce8a 100644
--- a/merchant-registry-svc/chart-registry-oracle/values.yaml
+++ b/merchant-registry-svc/chart-registry-oracle/values.yaml
@@ -2,7 +2,7 @@ registryOracle:
   replicaCount: 1
   image:
     repository: mojaloop/merchant-registry-oracle
-    tag: 0.1.3
+    tag: 1.0.1
   service:
     type: ClusterIP
     port: 8888