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FinTech news in payment category

Newest Iliad's payment processor Stancer debuts as a payment processor

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 mobile and internet subscribers. When it comes to online payments, Stancer clients can accept card payments as well as SEPA direct debits. There are many ways to accept Stancer payments — an API, a pop-in or iframe, a Stancer-hosted payment page and CMS plugins. Stancer is already teasing more products down the road, such as split payments and Stancer-designed online shops.

B2B FinTech Paysail raised seed round of $4M

Other startups in the space using traditional banking infrastructure to make payments more efficient have hit a ceiling on how fast and cheap they can offer payments because of fees charged by these intermediaries, particularly between countries that don’t transact as regularly, said Paysail cofounder Nicole Alonso.

FinTech startup Checkout.com raised Series D round of $1B

Checkout.com is building a full-stack payments company — it acts as a gateway, an acquirer, a risk engine and a payment processor.