diff --git a/Modules/Package.swift b/Modules/Package.swift
index 2de7891d267..3f79a8bfcec 100644
--- a/Modules/Package.swift
+++ b/Modules/Package.swift
@@ -6,7 +6,7 @@ let package = Package(
     name: "Modules",
     platforms: [
         // Keep in sync with Common.xcconfig
-        .iOS(.v16),
+        .iOS(.v17),
         .macOS(.v10_14),
         .watchOS(.v9),
     ],
diff --git a/RELEASE-NOTES.txt b/RELEASE-NOTES.txt
index 4a743eae563..6c9e2c01c05 100644
--- a/RELEASE-NOTES.txt
+++ b/RELEASE-NOTES.txt
@@ -4,6 +4,7 @@
 23.1
 -----
 - [internal] Remove oldest (<30) core data models [https://github.com/woocommerce/woocommerce-ios/pull/15987]
+- [***] Increased app's minimum deployment target to iOS17 [https://github.com/woocommerce/woocommerce-ios/pull/16003]
 - [*] Jetpack setup: Native experience for the connection step [https://github.com/woocommerce/woocommerce-ios/pull/15983]
 - [*] Payments: Updated the In-Person Payments `Learn More` redirection to display the correct page based on the selected payment provider [https://github.com/woocommerce/woocommerce-ios/pull/15998]
 - [*] Add "POS" label in Most recent orders in My store dashboard [https://github.com/woocommerce/woocommerce-ios/pull/16006]
diff --git a/config/Common.xcconfig b/config/Common.xcconfig
index 681071547ca..44cbfa5fa21 100644
--- a/config/Common.xcconfig
+++ b/config/Common.xcconfig
@@ -3,6 +3,6 @@
 
 // The deployment targets are currently duplicated in Modules/Package.swift.
 // If you change them here, make sure to update them there, too.
-IPHONEOS_DEPLOYMENT_TARGET = 16.0
+IPHONEOS_DEPLOYMENT_TARGET = 17.0
 MACOSX_DEPLOYMENT_TARGET = 14.0
 WATCHOS_DEPLOYMENT_TARGET = 9.0