As of April 01, 2025, the average annual salary for a Payment Processor in the United States is $31,101. Salary.com reports that pay typically ranges from $28,801 to $33,201, with most professionals earning between $26,707 and $35,113.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $33,201 | $2,767 | $638 | $16 |
| Average | $31,101 | $2,592 | $598 | $15 |
| 25th Percentile | $28,801 | $2,400 | $554 | $14 |
An entry-level Payment Processor with less than 1 year of experience earns about $30,789. With 1-2 years of experience, the average salary increases to $31,264. For 2-4 years of experience, the pay typically rises to $32,141. Senior-level professionals with 5-8 years of experience earn around $32,235, and those with over 8 years of experience can expect an average of $32,298.
| Levels | Salary |
|---|---|
| Entry Level Payment Processor | $30,789 |
| Intermediate Level Payment Processor | $31,264 |
| Senior Level Payment Processor | $32,141 |
| Specialist Level Payment Processor | $32,235 |
| Expert Level Payment Processor | $32,298 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Payment Processor compensation over the past six years. For example, the median salary increased from $41,001 in 2023 to approximately $41,190 in 2024. (For a detailed analysis of Payment Processor salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Payment Processor information for you to search for. Click on search button below to see Payment Processor job openings or enter a new job title here.
Here are companies hiring for Payment Processor and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $31,101 | 66.5% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $2,379 | 5.1% | ||
| 401K/403B | $1,462 | 3.1% | ||
| Disability | $249 | 0.5% | ||
| Healthcare | $6,056 | 12.9% | ||
| Pension | $1,711 | 3.7% | ||
| Time Off | $3,828 | 8.2% | ||
| Total Compensation | $46,785 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 41.2% |
| Associates | 11.8% |
| Bachelors | 47.1% |
What Am I Worth?
Payment processing is a lucrative and high-growth business, with salaries ranging from $30,501 to $36,001. Every business requires a payment processing provider, whether for online sales or local transactions. This sector offers significant profit potential, making it an attractive option for entrepreneurs looking to start a payment processing company.
Zelle is a P2P payments solution designed for financial institutions, allowing users to send money quickly. With a salary range for payment processors between $30,501 and $36,001, Zelle's integration is popular among banks and credit unions, especially those with assets under $1 billion, making it accessible for many users.
Credit cards are hugely popular and widespread in the U.S., playing a central role in consumer spending. The most well-known card networks are Visa, Mastercard, American Express, Discover, and Diners. Payment processors in this sector typically offer salaries ranging from $30,501 to $36,001, with a mid-salary of $33,201, reflecting the industry's competitive nature.
Apple Pay is a mobile payment processor developed by Apple, enabling users to make payments through their Apple devices. It operates in over 70 countries and is accepted at 85% of U.S. retailers that accept credit cards. The salary range for payment processors typically falls between $30,501 and $36,001, with a mid-salary of $33,201.
Payment processors can be costly due to various fees associated with their services. They charge for facilitating transactions, and card networks impose assessment fees to maintain their infrastructure. Salaries in this field range from $30,501 to $36,001, reflecting the expertise required to manage these complex financial operations effectively.
Payment processors typically earn between $30,501 and $36,001 annually, depending on their experience and the volume of transactions they handle. While credit card processing fees generally range from 1.5% to 3.5% of the transaction amount, the exact earnings can vary based on the processor's pricing structure and client agreements.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
