Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is teaming up with Sprint to integrate its unified commerce solutions into Sprint’s Curiosity Internet of Things (IoT) platform to deliver the “Internet of Payments.”
The two companies, which were brought together by SoftBank Investment Advisers, reported they are collaborating to embed payment capabilities in IoT deployments and bringing added value to enterprise clients on a global scale.
“Sprint’s Curiosity IoT platform represents a new standard in how enterprises manage and secure IoT devices and connectivity. The platform combines Curiosity Core, the first dedicated, distributed and virtualized IoT network, with Curiosity OS, an integrated IoT operating system, to bring networks to data collection sites and enable the future of commerce. Wirecard unified commerce solutions drive the digital transformation of retail by delivering a seamless payment experience across channels and beyond borders. Sprint is integrating these capabilities into Curiosity IoT, and the companies are jointly exploring opportunities across various market segments, as part of a broader collaboration.”
Speaking about the collaboration, Ivo Rook, Senior Vice President, IoT & Product Development for Sprint, stated:
“We’re pleased to integrate Wirecard solutions into our robust IoT platform. This opens up many commercial opportunities, and also delivers an unparalleled commerce solution for our global clients and their customers. As IoT becomes even more central to how enterprises run, we look forward to identifying new opportunities and use cases for these technologies.”
Georg von Waldenfels, EVP Group Business Development at Wirecard, concluded:
“Collaborating with Sprint is a tremendous opportunity to expand our collective reach and capabilities, plus meet a growing demand for commerce without barriers. Adding Wirecard unified commerce solutions to Sprint’s game-changing IoT technology is a significant step toward developing the shopping experience of the future and we look forward to all the possibilities this cooperation offers us.”