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Payment Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Current Job Openings at Payment

Ready for your next career move? Explore current job openings at Payment. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Payment’s Pay Competitive? Salary Benchmarking Analysis

How does Payment’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.

Peer Company & Industry Benchmarking

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Average Salary ($/year)

Payment

Financial Services

Era Payment Solutions LLC

Ignite Payments

Industry Comparison

Our data shows that, on average, compensation at Payment is below the average for the U.S. Financial Services industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Payment average annual salary with several similar companies. Payment average salary of $92,063 is lower than Era Payment Solutions LLC, which has an average salary of $92,274. It is higher than Ignite Payments, with their average salary at $83,477. This places Payment in a mid-range position among its peers.

See Your True Competitors

The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Companies Similar to Payment and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Payment. Click a company name to learn more.

Era Payment Solutions LLC

$92,274 / year

Salary Range: $80,914 - $104,611

Chandler, AZ

Ignite Payments

$83,477 / year

Salary Range: $73,198 - $94,625

Prescott Valley, AZ

Freeman Holdings Of Mississippi LLC

$84,078 / year

Salary Range: $73,702 - $95,369

Kiln, MS

Texas Star Funding LLC

$92,137 / year

Salary Range: $80,786 - $104,465

Phoenix, AZ

National Merchant Resources Inc

$93,814 / year

Salary Range: $82,243 - $106,380

Gilbert, AZ

Rfc Construction Funding LLC

$90,639 / year

Salary Range: $79,484 - $102,746

Phoenix, AZ

E-Duction Inc

$99,119 / year

Salary Range: $86,916 - $112,367

Blue Bell, PA

Us Bl Brokerage Services Inc

$92,179 / year

Salary Range: $80,832 - $104,490

Dallas, TX

Compass Financial Services Network Inc

$102,516 / year

Salary Range: $89,894 - $116,208

Trabuco Canyon, CA

Employee Reviews: Working at Payment

Considering a career at Payment? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.

With employees across various specialties, knowledge sharing happens organically. Innovative approach to finance and technology. Communication is formal and sometimes delayed, impacting collaboration. The benefits package is comprehensive, including excellent healthcare coverage and retirement options.

Commented in April 02, 2025

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2

Tools are modern, expectations are reasonable, and teamwork is emphasized. I'm proud to represent a company with such strong moral principles. Fast-paced environment with occasional high stress. Internal mobility is real, and continuous improvement is encouraged. Resources are ample, allowing us to focus on quality work rather than budget constraints. Supportive leadership fosters growth and rewar...

Commented in January 24, 2025

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1

Onboarding was straightforward, and expectations are communicated clearly. It’s a strong brand, internally and externally. Fast-paced environment with challenging, meaningful projects. There’s room to explore side projects and propose changes. Trust is given by default.

Commented in October 10, 2024

10

3

A fine place to begin a career. Management is truly supportive of career progression. There’s not a lot of creative freedom, but job security and organization are strong. Overall, it suits those who prefer predictability and stability. The company fosters a culture of respect, innovation, and accountability.

Commented in January 09, 2024

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3

What Benefits Does Payment Offer Beyond Salary?

A competitive compensation package is more than just a salary. Payment offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:

Social Security

401(K)

Disability

Healthcare

Pension

Time Off (days)

Work at Payment?

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near Phoenix?

Understanding the cost of living near Phoenix is key to truly evaluating a salary offer or your current compensation at Payment.

Phoenix's Cost of Living Index is approximately 103.7 (3.7% more expensive than US average; 0.5% more than AZ average). Housing costs are the primary driver for being above US average, along with transportation. When planning your budget based on a salary from Payment, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,300 - $1,900+	A significant portion of Payment salary. Location choices impact this heavily.
Utilities (Basic)	$170 - $280	Electricity, Heating, Cooling, Water etc.
Public Transportation	$64 (Valley Metro Monthly Pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$400 - $600	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $700+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,664 - $4,244+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Payment

1. How much does a Payment employee make?

Payment pays its employees an average of $44 per hour. The average salary at Payment range from $39 to $50 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.

2. Which similar company tend to pay more or less than Payment?

The salary at Payment is lesser than the similar company. The average annual salary at Payment is $92,063, or an hourly wage of $44, in comparison to Era Payment Solutions LLC which pays $92,274 per year or $44 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Payment?

In many roles at Payment, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Phoenix affect the perceived value of a Payment salary?

Phoenix's Cost of Living Index is approximately 103.7 (3.7% more expensive than US average; 0.5% more than AZ average). This significantly impacts the purchasing power of a salary from Payment based there. Our "Cost of Living Insights for Phoenix" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Payment typically offer employees?

Payment generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Payment" section on this page.