diff --git a/.ci/docker-compose-ci.yml b/.ci/docker-compose-ci.yml
index f28b89dd130..b41c0605207 100644
--- a/.ci/docker-compose-ci.yml
+++ b/.ci/docker-compose-ci.yml
@@ -10,7 +10,11 @@ services:
       MYSQL_ROOT_PASSWORD: "password"
       MYSQL_DATABASE: "ecommerce"
   ecommerce:
-    image: edxops/ecommerce:latest
+    build:
+      context: ../.
+      target: dev
+      args:
+        PYTHON_VERSION: $PYTHON_VERSION
     container_name: ecommerce_testing
     volumes:
       - ..:/edx/app/ecommerce/ecommerce
diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index 4d11de37d26..4e85bb45b79 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -11,47 +11,53 @@ jobs:
     runs-on: ubuntu-latest
     strategy:
       matrix:
-        include:
-          - django-env: django32
-            testname: quality-and-jobs
-            targets: PYTHON_ENV=py38 requirements.js check_translations_up_to_date validate_translations clean_static static quality validate_js check_keywords
-          - django-env: django32
-            testname: test-python
-            targets: PYTHON_ENV=py38 requirements.js clean_static static validate_python
-          - django-env: django32
-            testname: acceptance-python
-            targets: PYTHON_ENV=py38 requirements.js clean_static static acceptance
-
+        python-version: ['py38', 'py311', 'py312']
+        django-env: ['django32']
+        test: ['quality-and-jobs', 'test-python', acceptance-python]
     steps:
       - uses: actions/checkout@v2
+      - name: Setup and Format Python Version
+        id: format_python_version
+        shell: bash
+        run: |
+          # Remove 'py' and insert a dot to format the version
+          FORMATTED_VERSION=${{ matrix.python-version }}   # e.g., py38
+          FORMATTED_VERSION=${FORMATTED_VERSION/py3/3.}    # becomes 3.8
+          
+          # Set environment variables
+          echo "PYTHON_VERSION=$FORMATTED_VERSION" >> $GITHUB_ENV
+
+      - name: Check Python Version
+        run: |
+          echo "Using Python Version: $PYTHON_VERSION"
       - name: Start container
         run: |
-          docker-compose -f ./.ci/docker-compose-ci.yml up -d
+          PYTHON_VERSION=$PYTHON_VERSION docker compose -f ./.ci/docker-compose-ci.yml up -d
       - name: Install dependencies
         run: |
           docker exec -t ecommerce_testing bash -c "
             cd /edx/app/ecommerce/ecommerce/ &&
-            python3 -m pip install tox
+            python$PYTHON_VERSION -m pip install tox
           "
       - name: Run tests
         run: |
           docker exec -t -e CI=1 ecommerce_testing bash -c "
             cd /edx/app/ecommerce/ecommerce/ &&
             PATH=\$PATH:/edx/app/ecommerce/nodeenvs/ecommerce/bin:/snap/bin
-            DJANGO_ENV=${{ matrix.django-env }} make ${{ matrix.targets }}
+            DJANGO_ENV=${{ matrix.django-env }} PYTHON_ENV=${{ matrix.python-version }} make ${{ matrix.test }}
           "
       - name: Run coverage
-        if: matrix.testname == 'test-python'
+        if: matrix.test == 'test-python'
         run: |
           docker exec ecommerce_testing /edx/app/ecommerce/ecommerce/.ci/run_coverage.sh
       - name: Setup Python
-        if: matrix.testname == 'test-python'
+        if: matrix.test == 'test-python' && matrix.python-version == 'py38'
         uses: actions/setup-python@v2
         with:
           python-version: "3.8"
           architecture: x64
       - name: Report coverage
-        if: matrix.testname == 'test-python'
+        if: matrix.test == 'test-python' && matrix.python-version == 'py38'
         uses: codecov/codecov-action@v3
         with:
           flags: unittests
@@ -59,11 +65,14 @@ jobs:
 
   docs:
     runs-on: ubuntu-latest
+    strategy:
+      matrix:
+        python-version: ['3.8', '3.11', '3.12']
     steps:
       - uses: actions/checkout@v2
       - uses: actions/setup-python@v2
         with:
-          python-version: "3.8"
+          python-version: ${{matrix.python-version}}
           architecture: x64
       - name: Install Dependencies
         run: pip install -r requirements/docs.txt -r requirements/tox.txt
diff --git a/Dockerfile b/Dockerfile
index 8a06c2ad9b3..d121cb11e1f 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,17 +1,22 @@
 FROM ubuntu:focal as app
 
+# Define 3.12 as default but it changes to the PYTHON_VERSION passed as argument
+ARG PYTHON_VERSION=3.12
+
 ENV DEBIAN_FRONTEND noninteractive
 # System requirements.
 RUN apt update && \
+  apt-get install -y software-properties-common && \
+  apt-add-repository -y ppa:deadsnakes/ppa && \
   apt-get install -qy \
   curl \
   gettext \
   git \
   language-pack-en \
   build-essential \
-  python3.8-dev \
-  python3-virtualenv \
-  python3.8-distutils \
+  python${PYTHON_VERSION} \
+  python${PYTHON_VERSION}-dev \
+  python${PYTHON_VERSION}-distutils \
   libmysqlclient-dev \
   libssl-dev \
   libcairo2-dev && \
@@ -34,11 +39,15 @@ ARG ECOMMERCE_NODEENV_DIR="${ECOMMERCE_APP_DIR}/nodeenvs/${SERVICE_NAME}"
 ENV ECOMMERCE_CFG "${COMMON_CFG_DIR}/ecommerce.yml"
 ENV ECOMMERCE_CODE_DIR "${ECOMMERCE_CODE_DIR}"
 ENV ECOMMERCE_APP_DIR "${ECOMMERCE_APP_DIR}"
+ENV PYTHON_VERSION "${PYTHON_VERSION}"
+
+RUN curl -sS https://bootstrap.pypa.io/get-pip.py | python${PYTHON_VERSION}
+RUN pip install virtualenv
 
 # Add virtual env and node env to PATH, in order to activate them
 ENV PATH "${ECOMMERCE_VENV_DIR}/bin:${ECOMMERCE_NODEENV_DIR}/bin:$PATH"
 
-RUN virtualenv -p python3.8 --always-copy ${ECOMMERCE_VENV_DIR}
+RUN virtualenv -p python${PYTHON_VERSION} --always-copy ${ECOMMERCE_VENV_DIR}
 
 RUN pip install nodeenv
 
diff --git a/Makefile b/Makefile
index bdf5d197510..e5bb4b69e92 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 NODE_BIN=./node_modules/.bin
 DIFF_COVER_BASE_BRANCH=master
-PYTHON_ENV=py38
+PYTHON_ENV=$(if $(PYTHON_ENV),$(PYTHON_ENV),py312)
 DJANGO_ENV_VAR=$(if $(DJANGO_ENV),$(DJANGO_ENV),django32)
 
 help:
@@ -173,6 +173,15 @@ upgrade: $(COMMON_CONSTRAINTS_TXT)
 docs:
 	tox -e docs
 
+quality-and-jobs:
+	requirements.js check_translations_up_to_date validate_translations clean_static static quality validate_js check_keywords
+
+test-python:
+	requirements.js clean_static static validate_python
+
+acceptance-python:
+	requirements.js clean_static static acceptance
+
 # Targets in a Makefile which do not produce an output file with the same name as the target name
 .PHONY: help requirements migrate serve clean validate_python quality validate_js validate html_coverage e2e \
 	extract_translations dummy_translations compile_translations fake_translations pull_translations \
diff --git a/tox.ini b/tox.ini
index c84ff81e9a2..f831eb3d4e1 100644
--- a/tox.ini
+++ b/tox.ini
@@ -1,6 +1,6 @@
 [tox]
 skipsdist=True
-envlist = py38-django32-{static,pylint,tests,theme_static,check_keywords},py38-{isort,pycodestyle,extract_translations,dummy_translations,compile_translations, detect_changed_translations,validate_translations},docs
+envlist = py{38, 311, 312}-django32-{static,pylint,tests,theme_static,check_keywords},py{38, 311, 312}-{isort,pycodestyle,extract_translations,dummy_translations,compile_translations, detect_changed_translations,validate_translations},docs
 
 [pytest]
 addopts = --ds=ecommerce.settings.test --cov=ecommerce --cov-report term --cov-config=.coveragerc --no-cov-on-fail -p no:randomly --no-migrations -m "not acceptance"
@@ -13,6 +13,8 @@ envdir=
     # Use the same environment for all commands running under a specific python version
     py35: {toxworkdir}/py35
     py38: {toxworkdir}/py38
+    py311: {toxworkdir}/py311
+    py312: {toxworkdir}/py312
 passenv =
     CONN_MAX_AGE
     DB_ENGINE