From all of us at Kotapay, we would like to extend our best wishes for a wonderful holiday season and a happy new year! We appreciate your continued business and look forward to a successful 2019!

Be mindful that Holiday Bonus transactions may cause a delay

As a reminder, Kotapay's procedures regarding payroll over $500,000 per payroll or $100,000 to an individual will require additional action on your part. The following options are available:

  • To ensure everyone gets paid on time, Click here.
  • Send a Wire
  • Process the file on a 5-day window (please contact Operations to make arrangements)
  • Learn more

Upcoming Holiday Hours and Non-Processing Days


Kotapay will be closed starting at 12:00pm (Noon) CT on Monday, December 24th through Tuesday, December 25th for the Christmas holiday. Kotapay will also be closed on New Year's Day, Tuesday January 1st.
Because Federal Reserve Banks and Kotapay will be closed, ACH transactions cannot be dated for December 25th or January 1st.
To avoid additional charges, please allow an extra day for processing.

Setting up new payroll clients: allow 24-48 hours

The busiest time of year for setting up new clients is December and January and it may take a little longer than normal. Please be sure to allow 24-48 hours before sending any files. Sending in complete paperwork will also help to speed up client set ups.

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Add a Pay-Now Button to Your Website

Kotapay will design and build a custom payment portal to allow you to accept credit card or ACH payments via your website. Get started!


Tis the Season for Fraud

With the holiday season upon us, fraudsters also ramp up their efforts hoping you won't notice until it's too late. Be on alert for payroll fraud! As the processor, it is your responsibility to cover the lost funds so it's important to be diligent and know your customer.

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What information are you collecting from your customers to verify their identity?

To avoid potential fraud losses and ensure you are conducting business with legitimate customers, we recommend collecting the following information from your customers:

  • Physical address of the owner(s)
  • Date of birth and SSN
  • A copy of government issued ID
What to watch for when setting up new clients:
  • Employee accounts that are PAYCARDS
  • Hurried set-up requested by new payroll customer
  • Communication only via email from payroll customer or communication that seems abnormal
  • Customer and its employees are in geographically diverse locations
  • And more...

Be diligent about protecting your business by knowing your customer! To learn more and to find solutions click here.

Additional Benefits of Using Wire Drawdown

Kotapay's wire drawdown service allows you, the processor to apply parameters for when you require your clients to process a wire drawdown. One example is a specific dollar amount that once exceeded, would automatically trigger a wire drawdown.

In addition to using this service working for Payroll Direct Deposit, parameters can also be applied for Tax Payments, Vendor Payments and Net Pay Impound. Contact the Support Department to get started using this wire drawdown service.

First International Bank & Trust was Recently Named the Top Extraordinary Bank in the United States

We are proud to announce that we're a part of First International Bank & Trust, who recently won the Top Extraordinary Bank in the United States at the Best Banks in America Super Conference by the Institute for Extraordinary Banking™.

This national honor was awarded for exemplary performance in five areas of banking: philanthropy, customer service, thought leadership, workplace culture, and financial literacy education.

  Picture of 2018 Extraordinary Bank of the year Winner

Kotapay now has 6 Accredited ACH Professionals!

Congratulations to Rachael Martinson, Risk Analyst, for passing the AAP (Accredited ACH Professional) Exam! An AAP is an individual who has comprehensive knowledge of all areas of ACH and a broad knowledge of concepts that relate to the payments system as a whole. Kotapay now has 6 AAPs on staff including: Brian Dresser, Candi Rupprecht, Leanne Jung, Christy Stock and Connie Mosier.

  Picture of Rachel