ACH Processing for Payroll Providers

Payroll Solutions to Simplify Your Business

The most convenient and cost-effective way to pay employees is to use ACH direct deposit to transfer funds directly into employees’ bank account. Kotapay brings efficiencies to ease reconciliation and processing while streamlining your own and your customers’ payroll process. Along with utilizing direct deposit, take advantage of the ACH Network to collect and submit payroll taxes.

Kotapay, a division of First International Bank & Trust, has been working hand-in-hand with payroll providers and payroll software companies since 1993. As a bank, Kotapay provides an additional level of safety and security to your ACH transactions. Our solutions work for small companies processing just a few transactions a month to larger companies processing hundreds of thousands of transactions each month. Kotapay ensures all transactions are:

  • Accurate - Ensure proper file formatting so transactions get where they are supposed to go.
  • Secure – We monitor network and risk issues and proactively take steps to protect our customers from becoming victims of fraud.
  • Convenient – We process ACH transactions and provide customer support beyond normal business hours and even on Sundays.

More than 100,000 companies nationwide process payroll direct deposit and other ACH payments with us. The organizations we serve include payroll processors, human capital management companies, accountants, payroll bureaus, and more.

Utilize ACH payments for:

  • Payroll, 1099, commission and bonus payments
  • Child support payments
  • Expense reimbursements
  • Tax impounding and payroll tax payments
  • Annuities, dividend/interest payments and pensions
  • Corporate-to-corporate and vendor payments
  • Receivables collection
  • Benefit payments