Payment Processor Salaries

Position

Salary

How much does a Payment Processor make?

The average salary for a Payment Processor is $45,463 per year in the US.

Graph depicting the yearly salary distribution for Payment Processor positions, showing an average salary of $45,463 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Payment Processor positions, showing an average salary of $45,463 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Payment Processor positions, showing an average salary of $45,463 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Payment Processor positions, showing an average salary of $45,463 with varying distribution percentages across salary ranges.

A Payment Processor helps make sure that payments go through smoothly. This job is important in many different kinds of companies. People in this job can earn a good income, depending on their experience and the company they work for. The average yearly salary for a Payment Processor is around $45,463. This number can change based on different things like your skills, where you live, and how long you have worked in this field.

Here are some of the different salary ranges for Payment Processors:

54.68% of Payment Processors earn between $32,000 and $43,443 per year.
31.75% earn between $43,443 and $54,886 per year.
3.02% earn between $54,886 and $66,330 per year.
1.76% earn between $66,330 and $77,773 per year.
0.76% earn between $77,773 and $89,216 per year.
0.50% earn between $89,216 and $100,659 per year.
0.50% earn between $100,659 and $112,102 per year.
0.25% earn between $123,545 and $134,989 per year.

This data shows that many Payment Processors make a decent living. As you gain more experience and skills, there is good potential to earn more.

What are the highest paying cities for a Payment Processor?

High-paying cities for Payment Processor jobs include Los Angeles and Charlotte. These cities offer competitive salaries for those in this field. Job seekers looking for better pay might consider positions in these locations. Cincinnati and Seattle also provide attractive compensation packages. Candidates interested in a good balance of salary and location may find these cities appealing. Kansas City, though lower on the salary scale, still offers valuable opportunities.

Graph displaying highest paying cities salaries for Payment Processor jobs, highlighting Los Angeles, CA with the highest at $60,507 and Kansas City, MO with the lowest at $33,161.

Los Angeles, CA
Average Salary: $60,507
Working in Los Angeles means you are in one of the world’s top financial hubs. The city is home to many large companies in banking and finance, which need skilled payment professionals. You can expect to work with cutting-edge technology and a team of experts.
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Charlotte, NC
Average Salary: $54,892
Charlotte is a financial center, known as the banking capital of the U.S. Companies like Bank of America and Wells Fargo look for payment professionals to manage their transactions. This job offers great experience and opportunities for growth.
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Seattle, WA
Average Salary: $49,354
Seattle's tech-driven economy offers exciting opportunities for payment processors. Companies like Amazon and Microsoft rely on skilled professionals to handle their payments. You’ll be part of a fast-paced and innovative work environment.
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Cincinnati, OH
Average Salary: $48,946
In Cincinnati, payment processing is a key part of the business landscape. Companies in finance and insurance need experts to handle their payments. The city offers a blend of traditional and modern financial services, providing a rich learning experience.
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Kansas City, MO
Average Salary: $33,161
Kansas City is a hub for financial services and trade. The area offers a mix of large banks and tech companies that require payment professionals. Working here means you’ll be part of a community that values financial stability and growth.
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What are the best companies a Payment Processor can work for?

Job seekers looking for Payment Processor roles can find promising opportunities with USA Clinics Group, which offers an average salary of $44,800. This company stands out for its competitive compensation, making it a top choice for those in the field. Another notable employer, LERETA, LLC, provides an average salary of $41,482. For those with experience, companies like TEKsystems and Conduent also present attractive options, with average salaries of $40,088 and $34,545, respectively.

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.

USA Clinics Group
Average Salary: $44,800
USA Clinics Group offers rewarding opportunities for Payment Processors. They have various locations nationwide. The company values skilled professionals who can manage high volumes of transactions efficiently. This role often involves collaborating with different departments to ensure seamless payment processing.
LERETA, LLC
Average Salary: $41,482
LERETA, LLC is known for its supportive environment for Payment Processors. The company operates in multiple states and offers diverse career growth opportunities. Their Payment Processors work closely with clients to streamline financial transactions. The role demands strong attention to detail and problem-solving skills.
TEKsystems
Average Salary: $40,088
TEKsystems provides competitive salaries for Payment Processors. They serve clients in various industries across the country. This role often includes working with advanced payment systems and supporting client needs. Payment Processors at TEKsystems help ensure that transactions are processed accurately and timely.
Conduent
Average Salary: $34,545
Conduent offers diverse opportunities for Payment Processors. They have a presence in several locations, providing a range of financial services. In this role, Payment Processors handle a variety of transactions and support clients with their financial needs. The company emphasizes teamwork and customer service.

How to earn more as a Payment Processor?

Aspiring to earn more as a Payment Processor involves leveraging specific strategies to enhance skills and market value. With careful planning and dedication, it is possible to increase income in this field. A Payment Processor manages transactions, ensuring they are processed accurately and efficiently.

Here are key factors to consider:

Gain industry certifications such as PCI-DSS or Certified Payment Specialist.
Increase knowledge of various payment systems like credit cards, ACH, and mobile payments.
Learn to use advanced processing software and security protocols.
Network with other professionals in the field to find job opportunities and learn best practices.
Stay updated with the latest trends and changes in payment processing regulations.

Achieving higher earnings often involves a combination of formal education, hands-on experience, and continuous learning. Each step taken can lead to better job opportunities and increased salary potential. The goal is to become a valuable asset to any organization.

Payment Processor Salaries

How much does a Payment Processor make?

What are the highest paying cities for a Payment Processor?

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

How to earn more as a Payment Processor?

Currently 37 Payment Processor job openings, nationwide.

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

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