Gate Pay's new institutional account is now live, supporting one-stop management of multi-level account funds

Odaily Planet Daily reports that according to an official announcement, Gate Pay has recently launched the institutional account feature, providing merchants and institutional users with a one-stop multi-level account management tool based on virtual accounts. Institutions no longer need to build complex accounting systems and can complete multi-client access, transaction processing, and related fund operations within a unified account framework. This significantly improves operational efficiency and reduces technical costs. Sub-account permissions are clearly assigned and independently isolated, and institutions can achieve unified creation and permission management through APIs. Sub-accounts can directly serve as payment recipients for transactions and support operations such as exchange, flash exchange, settlement, withdrawal, and refunds, enabling flexible internal fund allocation and efficient distribution. Coupled with a comprehensive permission system, the Gate Pay institutional account also offers a centralized management portal, allowing the main account to view sub-account balances, fund flows, and order statuses in one place. In the future, Gate Pay will continue to iterate on the institutional account system based on real merchant business scenarios and compliance frameworks, providing a more robust and sustainable foundation for platform-based and scaled businesses.