Veracity Payment Solutions Salary

As of July 2026, the average hourly salary for employees at Veracity Payment Solutions in the United States is $49. This translates to an approximate annual wage of $101,557. Salaries at Veracity Payment Solutions typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Veracity Payment Solutions Pay for Different Roles?

Explore detailed salary information for specific jobs at Veracity Payment Solutions. Based on our data, the highest paying job is the Technology Sales Executive, with an hourly wage of $94. The table below outlines the hourly wage ranges for most popular roles within the company.

Human Resources Specialist

$32 / hour

Salary Range: $29 - $35

Human Resources

Shared Technical Service Tier I (NOC Technician I)

$36 / hour

Salary Range: $29 - $48

Information Technology

Technology Service Coordinator

$45 / hour

Salary Range: $38 - $51

Patient Relations

Project Coordinator, Minneapolis

$40 / hour

Salary Range: $35 - $46

Project Planning

Business Technology Advisor

$47 / hour

Salary Range: $41 - $54

Technical Sales

Technology Sales Executive

$94 / hour

Salary Range: $81 - $108

Sales

Turn Insight into Opportunity: Current Job Openings

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About Veracity Payment Solutions: Company Profile

Website
www.veracitypayments.com
Founded In
2006
Employees
50 - 100 employees
Industry
Software & Networking
Headquarter Location
MINNEAPOLIS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Veracity Payment Solutions's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The team is professional, though not overly social. The training programs are excellent, and managers are supportive. Management is supportive, and there’s a strong emphasis on work-life balance. The pay is competitive, and there are performance-based bonuses.
Management here is proactive and fair. The company also organizes team-building events, which foster a positive workplace culture. Happy to be part of this team. Team collaboration is strong, and there are frequent opportunities for professional development through workshops and mentorship programs. The retail space is clean, and schedules are fair. Compensation is fair, and bonuses are performanc...
Career growth is encouraged, making it a standout employer. The company size allows for stability, though individual experiences may vary by department. The management team is approachable and values employee feedback, which improves workplace satisfaction. It’s a reliable place to work if you prefer consistency over rapid change.

Is Veracity Payment Solutions’s Pay Competitive? Salary Benchmarking Analysis

How does Veracity Payment Solutions's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
VASTUDIOS $45
-8.2%
Typical compensation structure for smaller regional agencies like VASTUDIOS.
VIRTUAL SURFACES INC $48
-1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
VOLKSWAGEN CITY OF ANGELS FUN RIDE $46
-4.8%
VOLKSWAGEN CITY OF ANGELS FUN RIDE likely leverages performance bonuses over the high base salary shown here.
VANDONZEL CONSTRUCTION $58
+19.5%
Influenced by prevailing union wage agreements specific to VANDONZEL CONSTRUCTION's sector.
Software & Networking Industry $61
+24.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Veracity Payment Solutions.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Veracity Payment Solutions, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Veracity Payment Solutions salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Veracity Payment Solutions

FAQ 1: How much does Veracity Payment Solutions in the United States pay?
Veracity Payment Solutions pays its employees an average of $49 per hour. The average salary at Veracity Payment Solutions range from $43 to $55 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
FAQ 2: Do Veracity Payment Solutions employees get a higher salary than its peer company?
The salary at Veracity Payment Solutions is higher than its peer company. The average annual salary at Veracity Payment Solutions is $101,557, or an hourly wage of $49, in comparison to VASTUDIOS which pays $93,228 per year or $45 per hour.
FAQ 3: How much does salary increase with years of experience at Veracity Payment Solutions?
Salary progression with years of experience at Veracity Payment Solutions is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Veracity Payment Solutions vary by office location?
Yes, it's very likely that salaries at Veracity Payment Solutions vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Minneapolis section provides more context.
FAQ 5: Does Veracity Payment Solutions offer good benefits?
Veracity Payment Solutions typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Veracity Payment Solutions" section on this page.