As of January 01, 2026, the average salary for a Payment Processor in the United States is $31,301 per year, which breaks down to an hourly rate of $15.
However, a Payment Processor's salary can vary significantly. Here’s a look at the typical salary range:
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A Payment Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Payment Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Payment Processor | $31,061 |
| Intermediate Level Payment Processor | $31,476 |
| Senior Level Payment Processor | $32,520 |
| Specialist Level Payment Processor | $32,632 |
| Expert Level Payment Processor | $32,707 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Payment Processors. For example, consider the average annual salaries in these key locations:
Your level of education can impact your salary potential. While many Payment Processors enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Payment Processor with a High School Diploma or Technical Certificate is between $31,571 and $33,102).
Payment Processor Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 41.2% |
| High School | 41.2% |
| Associates | 11.8% |
| Bachelors | 47.1% |
| Masters | 0.0% |
| Doctorate | 0.0% |
Understanding how a Payment Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on January 01, 2026Salaries for a Payment Processor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $41,001 in 2023 to around $40,889 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Payment Processor salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $41,001 |
| 2024 | $41,190 |
| 2025 | $40,889 |
| 2026 |
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| 2027 |
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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.)
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