According to an official announcement, Gate Pay recently launched its institutional account feature, providing merchants and institutional users with a one-stop, multi-tiered account management tool based on virtual accounts. Institutions can complete multi-customer access, transaction processing, and related fund operations within a unified account framework without needing to build complex accounting systems, significantly improving operational efficiency and reducing technical costs. Sub-account permissions are clearly defined and independently isolated, and institutions can achieve unified creation and permission management through APIs. Sub-accounts can directly act as payment recipients for transactions and support operations such as exchange, instant exchange, settlement, withdrawal, and refunds, enabling flexible allocation and efficient distribution of internal funds. Combined with a comprehensive permission system, Gate Pay's institutional account also provides a centralized management portal, allowing the main account to uniformly view sub-account balances, fund flows, and order statuses. In the future, Gate Pay will continue to iterate its institutional account system based on real-world merchant business scenarios and compliance frameworks, providing a more robust and sustainable foundation for platform-based and large-scale businesses.