diff --git a/README.md b/README.md
index 477b7062c..0e93ce7b5 100644
--- a/README.md
+++ b/README.md
@@ -47,22 +47,22 @@ The system compatibility will also be checked by the system with installation an
 #### Hosted Server Configurations
 
 * **Web server**: Apache 1.3, Apache 2.x, Nginx or Microsoft IIS
-* **PHP  version**: 5.4+
-* **MySQL version**:  5.0+ and below 5.7 installed with a database created
+* **PHP  version**: PHP 5.6+ to PHP 7.4
+* **MySQL version**:  5.0+ to 5.7 installed with a database created
 * SSH or FTP access (ask your hosting service for your credentials)
 * In the PHP configuration ask your provider to set memory_limit to "128M", upload_max_filesize to "16M" ,    max_execution_time to "500" and allow_url_fopen "on"
 * SSL certificate if you plan to process payments internally (not using PayPal for instance)
-* **Required PHP extensions**: cURL, SimpleXML, SOAP
+* **Required PHP extensions**: PDO_MySQL, cURL, OpenSSL, SOAP, GD, SimpleXML, DOM, Zip, Phar
 
 #### Local Server Configurations
 
 * **Supported operating system**: Windows, Mac, and Linux
 * **A prepared package**: WampServer (for Windows), Xampp (for Windows and Mac) or EasyPHP (for Windows)
 * **Web server**: Apache 1.3, Apache 2.x, Nginx or Microsoft IIS
-* **PHP**: 5.4+ and below PHP 7.0
-* **MySQL** 5.0+ and below 5.7 installed with a database created
+* **PHP**: PHP 5.6+ to PHP 7.4
+* **MySQL** 5.0+ to 5.7 installed with a database created
 * In the PHP configuration, set memory_limit to "128M", upload_max_filesize to "16M" and max_execution_time to "500"
-* **Required PHP extensions**: cURL, SimpleXML, SOAP
+* **Required PHP extensions**: PDO_MySQL, cURL, OpenSSL, SOAP, GD, SimpleXML, DOM, Zip, Phar
 
 ### Installation and Configuration