Kotapay

What is Kotapay?

Founded in 1993 in Fargo, ND, Kotapay has been serving customers coast-to-coast with ACH payment solutions. Behind the scenes of an electronic transaction, multiple financial institutions, including the Federal Reserve Bank, form a complex network to ensure the movement of funds.

Kotapay seamlessly manages the transactions, to ensure your funds reach their intended destination. As a division of First International Bank & Trust, Kotapay brings additional safety and security to your transactions that only a financial institution can provide.

What are the benefits of using Kotapay?

• Late cut-off time of 10pm CT

• Free, electronic client set up

• Next day and same day processing options

• Automated wire drawdown with transaction thresholds

• Detailed reporting for reconciling

• Ability to edit previously submitted files online.

• Secure processing systems

• Nacha Top 50 originating bank

How does this app work?

Simplify payroll and boost employee satisfaction with direct deposit payroll through Kotapay and isolved. Increase cash flow and streamline your receivables with ACH billing. Utilize Kotapay’s online payment gateway, KotaConnect, to accept both ACH and credit card transactions – all in one location. Accept credit cards on your website with a payment portal customized to look like your website. Kotapay provides electronic payment solutions to fit any business and the flexibility to help grow your business.

If you are an employer currently using this app and have questions, please contact your Kotapay representative directly.

If you are an employer interested in learning more about this app, please use the Contact Us button above to be connected.