Iliad launches its own payments processing platform Stancer

Iliad, the telecom company owned by French billionaire and startup investor Xavier Niel, is launching a payment subsidiary called Stancer. The team has focused on one thing in particular — lowering transaction fees as much as possible.
While French retailers, online shops and businesses can use Stancer starting today, Iliad has already been using Stancer for many of its activities already, including as the payments processing platform to bill Free’s mobile and internet subscribers. Stancer currently processes 200,000 transactions per day — it represents 6 million transactions per mon

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