Sprint and Wirecard drive new innovation in IoT and Unified Commerce to deliver the Internet of Payments

Aschheim (Munich) / Las Vegas (NV) (ots) -

- The two companies have integrated Sprint's Curiosity(TM) IoT
platform and Wirecard unified commerce solutions to serve global
clients
- The collaboration focuses on the retail segment, with plans to
expand to other industries and services
- The collaboration has been facilitated in strategic alignment
with SoftBank Investment Advisers

Wirecard, the global innovation leader for digital financial technology, and
Sprint (NYSE: S), a leading US communications services company, today announced
a new relationship that will integrate Wirecard's unified commerce solutions
into Sprint's Curiosity(TM) Internet of Things (IoT) platform to deliver the
"Internet of Payments". The announcement was made at CES 2020. The two
companies, brought together by SoftBank Investment Advisers, are collaborating
to embed payment capabilities in IoT deployments, bringing added value to
enterprise clients on a global scale.

Sprint's Curiosity(TM) IoT platform represents a new standard in how enterprises
manage and secure IoT devices and connectivity. The platform combines
Curiosity(TM) Core, the first dedicated, distributed and virtualized IoT
network, with Curiosity(TM) OS, an integrated IoT operating system, to bring
networks to data collection sites and enable the future of commerce.

Worldwide IoT market revenue
(https://www.statista.com/topics/2637/internet-of-things/) reached USD 212
billion in 2019, with worldwide expenditure projected to reach USD 1 trillion by
2022. Total worldwide IoT connected devices (https://www.statista.com/statistics
/471264/iot-number-of-connected-devices-worldwide/) are projected to reach 75.44
billion by 2025, a fivefold increase from 2015.

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(TM) IoT, and the
companies are jointly exploring opportunities across various market segments, as
part of a broader collaboration.

Sprint and Wirecard will initially focus on the retail segment, in which they
are working to define and deliver the retail experience of the future, across
all channels, with a unified commerce approach. The joint capabilities enable
merchants to meet current and future customer expectations with an intelligent,
connected buying experience.

"We're pleased to integrate Wirecard solutions into our robust IoT platform,"
said Ivo Rook, Senior Vice President, IoT & Product Development for Sprint.
"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."

"Collaborating with Sprint is a tremendous opportunity to expand our collective
reach and capabilities, plus meet a growing demand for commerce without
barriers," said Georg von Waldenfels, EVP Group Business Development at
Wirecard. "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."

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital platforms in
the area of financial commerce. We provide both business customers and consumers
with a constantly expanding ecosystem of real-time value-added services built
around innovative digital payments by using an integrated B2B2C approach. This
ecosystem concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate enhancement in
all sales channels (online, mobile, ePOS). Wirecard operates regulated financial
institutions in several key markets and holds issuing and acquiring licenses
from all major payment and card networks. Wirecard AG is listed on the Frankfurt
Stock Exchange (DAX and TecDAX, ISIN DE0007472060). Visit us on
www.wirecard.com, follow us on Twitter @wirecard and on Facebook @wirecardgroup.

About Sprint:

Sprint (NYSE: S) is a communications services company that creates more and
better ways to connect its customers to the things they care about most. Sprint
served 53.9 million connections as of Sept. 30, 2019, and is widely recognized
for developing, engineering and deploying innovative technologies, including the
first wireless 4G service from a national carrier in the United States; leading
no-contract brands including Virgin Mobile USA, Boost Mobile and Assurance
Wireless; instant national and international push-to-talk capabilities; and a
global Tier 1 Internet backbone. Today, Sprint's legacy of innovation and
service continues with an increased investment to dramatically improve coverage,
reliability and speed across its nationwide network and commitment to launching
a 5G mobile network in the U.S. You can learn more and visit Sprint at
www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

Contact:

Wirecard contact:

Wirecard AG
Iris Stoeckl
VP Corp. Comm./IR
Tel.: +49 (0) 89-4424-1424
Email: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

Sprint media contact:

Sprint
Justine Fauci
Tel.: +1 (913) 575-0936
Email: Justine.Fauci@sprint.com

Additional content: https://www.presseportal.de/pm/15202/4486042
OTS: Wirecard AG
ISIN: DE0007472060

Original-Content von: Wirecard AG, übermittelt durch news aktuell