touch ID is the most popular function a iPhone 5S, the fingerprint reader being one of the main reasons why many users purchase one iPhone 5S, Tim Cook recognizing this within conference for the presentation of the financial results for Q1 2014. Tim Cook stated that touch ID was thought of as a system that will facilitate the methods of acquiring content through iTunes, but the same principle could be applied in the case of other purchases, Apple Lossless Audio CODEC (ALAC), exploring new ways to use touch ID to this end.
The mobile payments area in general is one we've been intrigued with. It was one of the thoughts behind Touch ID. ...we're seeing that people love being able to buy content, whether it's music or movies or books, from their iPhone, using Touch ID. ...incredibly simple and easy and elegant. ...it's clear that there's a lot of opportunity there. You can tell by looking at the demographics of our customers, and the amount of commerce that goes through iOS devices versus the competition, that it's a big opportunity on the platform a big opportunity on the platform.
Cook claims that owners of iPhone 5S terminals frequently use the Touch ID system to authorize payments, and based on the analyzes made so far, the company has come to the conclusion that there are opportunities to expand the functionality of the system. Without giving details about what Apple intends to do, we can conclude that by iOS 8 Apple could offer applications from App Store access to Touch ID data to authorize payments made at various merchants, this system even being able to offer users a viable alternative to NFC payment systems.
Week new rumors appeared indicating that Apple is developing a new mobile payment system which is based on Touch ID, and if Apple will eventually launch such a product, then you can be sure that you will have the option of using your fingerprint to authorize payments.
