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Transaction Processing Assistant II Salary in the United States

How much does a Transaction Processing Assistant II make in the United States?

As of August 01, 2026, the average salary for a Transaction Processing Assistant II in the United States is $48,036 per year, which breaks down to an hourly rate of $23.

However, a Transaction Processing Assistant II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $61,898
  • Majority Range (25th-75th percentile): $44,393 to $55,292
  • Entry-Level (10th percentile): $41,076

Key Factors That Influence Transaction Processing Assistant II Salaries

A Transaction Processing Assistant II'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 and company size can directly affect your earning potential.

How Experience Level Affects Transaction Processing Assistant II Salaries?

Experience is a primary driver of a Transaction Processing Assistant II'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:

  • Transaction Processing Assistant I (0-1 years): $44,278
  • Transaction Processing Assistant II (1-3 years): $48,036
  • Transaction Processing Assistant III (3-5 years): $53,799
  • Transaction Processing Assistant IV (5-7 years): $62,022
  • Transaction Processing Supervisor (7+ years): $83,880
Job Role Years of Experience Average Salary
Transaction Processing Assistant I0-1 years$44,278
Transaction Processing Assistant II1-3 years$48,036
Transaction Processing Assistant III3-5 years$53,799
Transaction Processing Assistant IV5-7 years$62,022
Transaction Processing Supervisor7+ years$83,880

Top Paying Cities for Transaction Processing Assistant II

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $60,588
  • San Francisco: $59,924
  • Oakland: $58,662

What Skills Can Increase a Transaction Processing Assistant II's Salary?

Demanded Skills for the Role:

  • Process Improvement (Mentioned in 6.18% Job Postings): Analyzing and improving existing processes and workflows to minimize process errors and streamline organizational efficiency.
  • Billing (Mentioned in 1.76% Job Postings): Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
  • Collective Bargaining (Mentioned in 1.24% Job Postings): Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions. Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions, grievance procedures, and about the rights and responsibilities of trade unions. The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).
Skills Demand Percentage
Process Improvement 6.18%
Billing 1.76%
Collective Bargaining 1.24%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Transaction Processing Assistant II's salary.

  • Facilitation: Can increase your salary by up to 53%.
  • Business Analysis: Can increase your salary by up to 31%.
  • SOP: Can increase your salary by up to 18%.
Skill Salary Salary % Increase
Facilitation $73,495
53%
Business Analysis $62,927
31%
SOP $56,682
18%

Transaction Processing Assistant II Salary by Company Size: Startups vs. Enterprise

Transaction Processing Assistant II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $53,774. While startup companies pay approximate $45,491.

Transaction Processing Assistant II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $45,491
Growth Stage 51~500 $48,112
Established 501~5000 $51,928
Enterprise 5000+ $53,774

Transaction Processing Assistant II Salary by Industry: Top Paying Sectors

For Transaction Processing Assistant II roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Construction and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Transaction Processing Assistant positions in Retail & Wholesale or Telecom typically offer lower base pay, as these industries often view Transaction Processing Assistant II as a support function rather than a direct revenue driver.

The top paying industries for a Transaction Processing Assistant II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Construction$57,643$28.020%
Energy & Utilities$55,241$27.015%
Aerospace & Defense$52,840$25.010%
Internet$52,840$25.010%
Software & Networking$52,840$25.010%

Transaction Processing Assistant II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Transaction Processing Assistant II'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 August 01, 2026
$44,393
Average $48,036/year
$55,292
$3,699
Average $4,003/month
$4,608
$854
Average $924/week
$1,063
$21
Average $23/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $55,292 $4,608 $1,063 $27
Average $48,036 $4,003 $924 $23
25th Percentile $44,393 $3,699 $854 $21

Transaction Processing Assistant II Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Transaction Processing Assistant II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Transaction Processing Assistant II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Data Control Clerk III $56,648 18%
Data Entry Clerk III $48,704 1%
Transaction Processing Assistant III $53,799 12%

Most common benefits for Transaction Processing Assistant II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Transaction Processing Assistant II

Here are companies hiring for Transaction Processing Assistant II and their salaries, click below for more details.

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FAQ about Transaction Processing Assistant II

1. Where can a Transaction Processing Assistant II earn the most?

A Transaction Processing Assistant II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Transaction Processing Assistant II earns the most in San Jose, CA, where the annual salary of a Transaction Processing Assistant II is $60,588.

2. What is the highest pay for Transaction Processing Assistant II?

The highest pay for Transaction Processing Assistant II is $61,898.

3. What is the lowest pay for Transaction Processing Assistant II?

The lowest pay for Transaction Processing Assistant II is $41,076.

4. What are the responsibilities of Transaction Processing Assistant II?

Assists with a variety of transaction processing tasks. Captures and manages data using established processes, procedures, and quality control standards. Helps with data loading, data validation, and routine data analysis. Compiles data into relevant reports. May assist in researching data errors. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.

5. What industry pays the highest salary for Transaction Processing Assistant II?

The Construction industry offers the highest average compensation for Transaction Processing Assistant II roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

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.

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