How much does a Transaction Processing Specialist make?

As of April 01, 2025, the average annual salary for a Transaction Processing Specialist in the United States is $52,718. Salary.com reports that pay typically ranges from $46,282 to $60,813, with most professionals earning between $40,422 and $68,184.

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Salary range for a Transaction Processing Specialist
$46,282 to $60,813
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Transaction Processing Specialist Salary in Major Cities

This chart shows the salary comparison for Transaction Processing Specialist between major cities. San Francisco City consistently ranks #1 as of April 01, 2025. Click on the chart to see the detail salary data for Transaction Processing Specialist in each city.
Click to see the salary for Transaction Processing Specialist in these major U.S. cities.
City Name Average Salary
San Francisco, CA $65,840
Washington, DC $58,370
Miami, FL $50,652
Chicago, IL $54,479
Boston, MA $58,797
New York, NY $61,095
Dallas, TX $52,059
If you'd like know Transaction Processing Specialist Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
46282
60813
52718

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48977
65285
56596
What is the average salary for Transaction Processing Specialist in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Transaction Processing Specialist in the United States. The base salary for Transaction Processing Specialist ranges from $46,282 to $60,813 with the average base salary of $52,718. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,977 to $65,285 with the average total cash compensation of $56,596.
Average Salary Average Salary Range
Base Salary $52,718 $46,282 - $60,813
Bonus $3,878 $2,695 - $4,472
Total Pay $56,596 $48,977 - $65,285
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Transaction Processing Specialist, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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46282
60813

 

What's the difference between Transaction Processing Assistant I and Transaction Processing Specialist?
According to our latest salary estimation on April 01, 2025. The average salary of Transaction Processing Specialist is $52,718, and the average salary of Transaction Processing Assistant I is $42,510. The average salary of Transaction Processing Assistant I is lower than Transaction Processing Specialist. ( 2025-03-25 salary.com )
I am a Transaction Processing Specialist, which location’s salary is higher, Riverside, CA or Bossier City, LA?
Riverside, CA typically sees higher pay than Bossier City, LA for Transaction Processing Specialist. a Transaction Processing Specialist Salary in Riverside, CA is $55,623 as of April 01, 2025; a Transaction Processing Specialist Salary in Bossier City, LA is $48,364 as of April 01, 2025. ( 2025-03-25 salary.com )
Why does the salary of a Transaction Processing Specialist vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2025-03-25 salary.com )
What are the Pay Factors for Transaction Processing Specialist?
Salary ranges for a Transaction Processing Specialist can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2025-03-25 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2025-03-25 salary.com )

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Last Update: April 01, 2025