iPhone Update Boosts Apple’s iBeacon Potential

Apple’s latest update to its iOS 7 operating system reportedly could shift mobile payments in a new direction, including a big improvement in iBeacon technology.

When iBeacon is coupled with TouchID, Apple’s fingerprint security on iPhone 5S that makes mobile payments super-secure, it could dominate in-store retail if it becomes widely adopted, according to Business Insider India.

Apple announced its iBeacon rollout plans in September.

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