In 2018, First International Bank & Trust (FIBT) acquired a local, Fargo-based ACH and credit card payment processor—a service now known as Kotapay. Along with the Treasury Management team, Kotapay makes up the Payments Division of FIBT, offering a comprehensive suite of products and services that can help any business optimize liquidity while decreasing operating costs and associated risks. FIBT/Kotapay offers streamlined payment solutions for accounts payable, reliable solutions for payment collections and a wide array of products and services that offer secure solutions to manage your business’s cash flow.
The name Kotapay was chosen based on FIBT’s connection to North Dakota and their sense of pride in the northern prairie. They wanted to embrace this new beginning by taking all that is great about their company and launch with a name that allowed them to grow beyond traditional electronic funds transfer services.
Kotapay is a division of First International Bank & Trust, Member FDIC
4334 18th Ave S, Suite 200
Fargo, ND 58103