diff --git a/databases/py-psycopg/Makefile b/databases/py-psycopg/Makefile
index 3cb673aaf5a6..487293101098 100644
--- a/databases/py-psycopg/Makefile
+++ b/databases/py-psycopg/Makefile
@@ -1,41 +1,41 @@
 PORTNAME=	psycopg
-PORTVERSION=	3.1.19
+PORTVERSION=	3.1.20
 CATEGORIES=	databases python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	PostgreSQL database adapter for Python
 WWW=		https://www.psycopg.org/psycopg3/ \
 		https://github.com/psycopg/psycopg
 
 LICENSE=	LGPL3
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}setuptools>=49.2.0:devel/py-setuptools@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}wheel>=0.37:devel/py-wheel@${PY_FLAVOR}
 
 USES=		pgsql python
 USE_PYTHON=	autoplist concurrent pep517
 
 NO_ARCH=	yes
 
 OPTIONS_DEFINE=	C POOL
 OPTIONS_DEFAULT=C POOL
 C_DESC=		C extension support
 POOL_DESC=	Connection pool support
 
 C_RUN_DEPENDS=		${PYTHON_PKGNAMEPREFIX}psycopg-c>=${PORTVERSION}<${PORTVERSION}_99:databases/py-psycopg-c@${PY_FLAVOR}
 POOL_RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}psycopg-pool>=0:databases/py-psycopg-pool@${PY_FLAVOR}
 
 .include <bsd.port.pre.mk>
 
 .if ${PYTHON_REL} < 30900
 RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}backports.zoneinfo>=0.2.0:devel/py-backports.zoneinfo@${PY_FLAVOR}
 .endif
 
 .if ${PYTHON_REL} < 31100
 RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.1:devel/py-typing-extensions@${PY_FLAVOR}
 .endif
 
 .include <bsd.port.post.mk>
diff --git a/databases/py-psycopg/distinfo b/databases/py-psycopg/distinfo
index dab4d4c1dc9c..e56cc584fdb0 100644
--- a/databases/py-psycopg/distinfo
+++ b/databases/py-psycopg/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1715842652
-SHA256 (psycopg-3.1.19.tar.gz) = 92d7b78ad82426cdcf1a0440678209faa890c6e1721361c2f8901f0dccd62961
-SIZE (psycopg-3.1.19.tar.gz) = 147457
+TIMESTAMP = 1720022762
+SHA256 (psycopg-3.1.20.tar.gz) = 32f5862ab79f238496236f97fe374a7ab55b4b4bb839a74802026544735f9a07
+SIZE (psycopg-3.1.20.tar.gz) = 147567