Payment Processing Clerk Salary in the United States

How much does a Payment Processing Clerk make in the United States?

As of October 01, 2026, the average salary for a Payment Processing Clerk in the United States is $40,514 per year, which breaks down to an hourly rate of $19.

However, a Payment Processing Clerk's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $46,673
  • Majority Range (25th-75th percentile): $37,763 to $43,738
  • Entry-Level (10th percentile): $35,257

Key Factors That Influence Payment Processing Clerk Salaries

A Payment Processing Clerk'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.

How Experience Level Affects Payment Processing Clerk Salaries?

Experience is a primary driver of a Payment Processing Clerk'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:

  • Entry-Level (less than 1 year): $39,782
  • Early Career (1-2 years): $40,372
  • Mid-Level (2-4 years): $41,699
  • Senior-Level (5-8 years): $41,842
  • Expert (over 8 years): $41,937
Levels Salary
Entry Level Payment Processing Clerk$39,782
Intermediate Level Payment Processing Clerk$40,372
Senior Level Payment Processing Clerk$41,699
Specialist Level Payment Processing Clerk$41,842
Expert Level Payment Processing Clerk$41,937

How Do Payment Processing Clerk Salaries Vary from State to State?

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 Processing Clerks. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $44,857.
  • California: $44,687.
  • Massachusetts: $44,092.

Top Paying Cities for Payment Processing Clerks

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: $51,101
  • San Francisco: $50,541
  • Oakland: $49,476

Payment Processing Clerk Salary by Industry: Top Paying Sectors

For Payment Processing Clerk roles, the industry you choose can impact your earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 25% above the average. Conversely, Payment Processing Clerk positions in Business Services typically offer lower base pay, as this sector often view Payment Processing Clerk as a support function rather than a direct revenue driver.

The top paying industry for a Payment Processing Clerk

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$50,643$24.025%

How Education impacts a Payment Processing Clerk's Salary?

Your level of education can impact your salary potential. While many Payment Processing Clerks 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 Processing Clerk with a High School Diploma or Technical Certificate is between $38,176 and $41,387).

Payment Processing Clerk Salaries by Degree Level

Typical Education for Payment Processing Clerk
Degree Level % of user with this level of education
No Diploma 50.0%
High School 50.0%
Associates 25.0%
Bachelors 25.0%
Masters 0.0%
Doctorate 0.0%

Payment Processing Clerk Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Payment Processing Clerk'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 October 01, 2026
$37,763
Average $40,514/year
$43,738
$3,147
Average $3,376/month
$3,645
$726
Average $779/week
$841
$18
Average $19/hour
$21
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $43,738 $3,645 $841 $21
Average $40,514 $3,376 $779 $19
25th Percentile $37,763 $3,147 $726 $18

Most common benefits for Payment Processing Clerk

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

Common company salaries for Payment Processing Clerk

Here are companies hiring for Payment Processing Clerk and their salaries, click below for more details.

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FAQ about Payment Processing Clerk

1. What industry pays the highest salary for Payment Processing Clerk?

The Financial Services industry offers the highest average compensation for Payment Processing Clerk roles, with salaries approximately 25% 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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