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Salary

How much does a Payment Processor make?

The average salary for a Payment Processor is $44,438 per year in the US.

A Payment Processor plays a key role in handling financial transactions. This job involves processing payments, ensuring accuracy, and maintaining security. The average yearly salary for a Payment Processor is around $44,438. This figure can vary based on experience, location, and the specific industry.

Salary levels for Payment Processors can range widely. The lowest 10% earn less than $31,500 annually. The top 10% earn more than $161,000 each year. Most Payment Processors fall between $43,273 and $55,045 annually. These figures highlight the potential for growth and advancement in this career. With more experience and skills, a Payment Processor can expect to earn a higher salary.

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What are the highest paying cities for a Payment Processor?

Charlotte, NC, offers top-tier salaries for payment processor jobs, with an average of $54,892. Seattle, WA, follows closely with an average salary of $48,797. Cincinnati, OH, and Kansas City, MO, also provide competitive pay, at $43,922 and $33,161 respectively. These cities present excellent opportunities for job seekers in the payment processing field.
Graph displaying highest paying cities salaries for Payment Processor jobs, highlighting Charlotte, NC with the highest at $54,892 and Kansas City, MO with the lowest at $33,161.
  1. Charlotte, NC
    Average Salary: $54,892
    Charlotte offers a thriving job market for those in the financial services sector. With major banks like Bank of America and Wells Fargo, the city provides many opportunities. The average salary for a Payment Processor here is competitive.
    Find Payment Processor jobs in Charlotte, NC


  2. Seattle, WA
    Average Salary: $48,797
    Seattle is a hub for tech companies, making it a great place for Payment Processors. Companies like Amazon and Microsoft are always looking for skilled professionals. The city's dynamic job market offers good prospects for career growth.
    Find Payment Processor jobs in Seattle, WA


  3. Cincinnati, OH
    Average Salary: $43,922
    Cincinnati has a strong financial sector, with companies like Fifth Third Bank and Procter & Gamble. Working here means being part of a community that values financial stability. The average salary for Payment Processors is attractive.
    Find Payment Processor jobs in Cincinnati, OH


  4. Kansas City, MO
    Average Salary: $33,161
    Kansas City offers a mix of traditional finance and modern tech companies. With firms like Sprint and AMC Theatres, the city provides diverse job opportunities. Payment Processors can find good career prospects here.
    Find Payment Processor jobs in Kansas City, MO

What are the best companies a Payment Processor can work for?

Job seekers in the payment processor field can look forward to competitive salaries at top companies. USA Clinics Group offers an average salary of $44,800, making it the highest-paying company on this list. LERETA, LLC follows closely with an average salary of $41,482, providing a strong option for those seeking a good income. TEKsystems and Conduent also offer attractive salaries, with averages of $39,796 and $34,545, respectively. These companies provide good opportunities for those looking to advance in the payment processing industry.
Graph displaying best paying company salaries for Payment Processor jobs, highlighting USA Clinics Group with the highest at $44,800 and Conduent with the lowest at $34,545.
  1. USA Clinics Group
    Average Salary: $44,800
    USA Clinics Group offers rewarding Payment Processor jobs. They operate in various locations across the United States. Employees handle transactions and ensure smooth financial operations. This role is ideal for those who enjoy working with numbers and providing excellent customer service.


  2. LERETA, LLC
    Average Salary: $41,482
    LERETA, LLC provides competitive salaries for Payment Processor positions. They have offices in several states. Here, Payment Processors manage payments and support clients. This job is perfect for individuals who want to work in a dynamic environment and contribute to the company's success.


  3. TEKsystems
    Average Salary: $39,796
    TEKsystems offers Payment Processor jobs with a good salary. They have locations nationwide. Payment Processors at TEKsystems ensure that financial transactions are processed accurately. This role is suitable for those who enjoy problem-solving and working in a team-oriented setting.


  4. Conduent
    Average Salary: $34,545
    Conduent provides Payment Processor jobs with a solid salary. They operate in multiple locations. Payment Processors at Conduent handle various financial transactions. This job is great for individuals who are detail-oriented and enjoy a fast-paced work environment.

How to earn more as a Payment Processor?

Becoming a Payment Processor offers many opportunities to increase your earnings. By focusing on key areas, you can enhance your skills and value in the job market. This can lead to higher pay and more job satisfaction. One way to boost your earnings is by gaining certifications that show your expertise. These credentials can make you more attractive to employers.

Another factor to consider is gaining experience in different types of payment systems. The more systems you know, the more versatile you become. This versatility can open up higher-paying job opportunities. Networking with other professionals in the industry can also lead to better job offers. Sharing knowledge and learning from others can help you grow your career. Finally, staying updated with the latest trends and technologies in payment processing can keep you ahead of the curve. This knowledge can make you more valuable to employers and lead to higher pay.

Here are some ways to increase your earnings as a Payment Processor:

  1. Get certifications in payment processing.
  2. Gain experience with various payment systems.
  3. Network with other professionals in the industry.
  4. Stay updated with the latest trends and technologies.
  5. Seek out higher-paying job opportunities.

Currently 29 Payment Processor job openings, nationwide.

How's the job market for a Payment Processor in the US?

Learn what a Payment Processor does, how to become one, and understand the job outlook. Get simple steps to start your career as a Payment Processor today.
Position
Overview
Payment Processor
29 Job Openings