CHENGDU, Dec.20 (NBD) -- As China's central bank tightened its supervision on third-party payment platforms, a forth-party payment solution, integrated payment is on the rise. It helps integrate major third-party payment channels into one set of unified API. NBD has noticed that there are over 30 integrated payment firms at present. 

Wang Pengbo, a senior analyst from Analysys noted, "Integrated payment has huge room for growth." Authorized third-party payment firms cannot cover the whole market after all. Integrated payment can help address the need of small and medium traders, he added. However, the settlements between individuals and unauthorized payment platforms have to be strictly regulated. 

The overseas integrated payment platform, Stripe, has grown into a payment giant, raising 150 million US dolloars this year. However, at the present stage, integrated payment platforms in China are still unable to compete with third-party payment platforms like AliPay and WeChat Pay though more functions are provided.