Wirecard, a Germany-based payments company, has collaborated with US telco Sprint to integrate Wirecard’s unified commerce solutions into Sprint’s Curiosity Internet of Things (IoT) platform and create an “Internet of Payments”.

The announcement was made at CES 2020 at Las Vegas. The two companies were brought together by SoftBank Investment Advisers and are collaborating to bring its tech to its customers. Wirecard’s unified commerce and Sprint’s Curiosity platform will help the companies to explore opportunities across various platforms and market segments on a global scale.

“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.” said Ivo Rook, senior vice president, IoT & product development for Sprint.

The collaboration focuses on the retail segment with plans to expand to other industries and services.

“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, executive vice president of group business development at Wirecard.