What are the main factors that influence a Payment Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Payment Processor's salary?

A Payment Processor's salary grows with experience: starting around $31,545 for beginners, reaching about $33,054 at mid-level, and approach $33,251 for experts.

What are the highest paying states for a Payment Processor?

Payment Processor salary varies significantly by state. The top 3 highest paying states for Payment Processor roles are District of Columbia $34,601, California $34,501, Massachusetts $34,001. These tech hubs typically pay 10-15% above the national average.

How much do different types of Payment Processor roles make?

Salaries for Payment Processor level roles vary by specialization: Payment Manager: $87,803; Payment Consultant: $81,053; Payment Coordinator: $71,674; Payment Analyst: $56,928; Payment Officer: $49,519.

Payment Processor Salary in Delaware

How much does a Payment Processor make in Delaware?

As of May 18, 2021, the average salary for a Payment Processor in Delaware is $31,801 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:

Top Earners (90th percentile): $36,577
Majority Range (25th-75th percentile): $29,901 to $34,301
Entry-Level (10th percentile): $28,171

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Payment Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$34,301	$2,858	$660	$16
Average	$31,801	$2,650	$612	$15
25th Percentile	$29,901	$2,492	$575	$14

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Key Factors That Influence Payment Processor Salaries

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 and company size can directly affect your earning potential.

How Experience Level Affects Payment Processor Salaries?

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:

Entry-Level (less than 1 year): $31,545
Early Career (1-2 years): $31,951
Mid-Level (2-4 years): $33,054
Senior-Level (5-8 years): $33,172
Expert (over 8 years): $33,251

Levels	Salary
Entry Level Payment Processor	$31,545
Intermediate Level Payment Processor	$31,951
Senior Level Payment Processor	$33,054
Specialist Level Payment Processor	$33,172
Expert Level Payment Processor	$33,251

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How Do Payment Processor 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 Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $34,601.
California: $34,501.
Massachusetts: $34,001.

District of Columbia $34,601 California $34,501 Massachusetts $34,001 Washington $33,901 New Jersey $33,901 Alaska $33,901 Connecticut $33,401 New York $33,301

Hawaii $32,701 Rhode Island $32,401 Maryland $32,301 Minnesota $32,001 Illinois $31,901 Colorado $31,901 Oregon $31,801 Delaware $31,701

New Hampshire $31,601 Virginia $31,501 Pennsylvania $31,101 Nevada $31,001 North Dakota $30,901 Michigan $30,801 Wisconsin $30,801 Vermont $30,701

Ohio $30,501 Arizona $30,501 Maine $30,501 Texas $30,501 Georgia $30,201 Indiana $30,001 Wyoming $30,001 Utah $30,001

Iowa $29,901 Kansas $29,801 Louisiana $29,701 North Carolina $29,701 Missouri $29,701 Florida $29,601 Nebraska $29,501 Montana $29,501

Kentucky $29,401 South Carolina $29,301 Tennessee $29,201 Idaho $29,201 New Mexico $29,001 Oklahoma $28,901 Alabama $28,701 South Dakota $28,401

Arkansas $28,301 West Virginia $28,201 Mississippi $27,901

Top Paying Cities for Payment Processors

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:

Lincoln: $32,801
Little Creek: $32,501
Magnolia: $32,601

Lincoln, DE $32,801 Little Creek, DE $32,501 Magnolia, DE $32,601 Milford, DE $32,801 Marydel, DE $32,401 Millsboro, DE $32,801 Millville, DE $33,001 Milton, DE $32,801

Nassau, DE $32,801 Ocean View, DE $33,001 Rehoboth Beach, DE $33,001 Seaford, DE $32,401 Selbyville, DE $33,001 Smyrna, DE $32,301 Viola, DE $32,601 Woodside, DE $32,501

Bear, DE $32,101 Newark, DE $32,101 Claymont, DE $32,101 Delaware City, DE $32,101 Hockessin, DE $32,101 Kirkwood, DE $32,101 Middletown, DE $32,301 Montchanin, DE $32,101

New Castle, DE $32,101 Odessa, DE $32,301 Port Penn, DE $32,001 Rockland, DE $32,101 Saint Georges, DE $32,101 Townsend, DE $32,301 Winterthur, DE $32,101 Lewes, DE $32,801

Wilmington, DE $32,101 Dover, DE $32,501 Dover Afb, DE $32,501 Bethany Beach, DE $33,001 Bethel, DE $32,401 Bridgeville, DE $32,801 Camden Wyoming, DE $32,501 Cheswold, DE $32,401

Clayton, DE $32,301 Dagsboro, DE $33,001 Delmar, DE $32,401 Ellendale, DE $32,801 Felton, DE $32,801 Fenwick Island, DE $33,001 Frankford, DE $33,001 Frederica, DE $32,801

Georgetown, DE $32,801 Greenwood, DE $32,801 Harbeson, DE $32,801 Harrington, DE $32,801 Hartly, DE $32,301 Houston, DE $32,801 Kenton, DE $32,301 Laurel, DE $32,401

Yorklyn, DE $32,101

Payment Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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 May 18, 2021

$29,901

Average $31,801/year

$34,301

$2,492

Average $2,650/month

$2,858

$575

Average $612/week

$660

$14

Average $15/hour

$16

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$34,301	$2,858	$660	$16
Average	$31,801	$2,650	$612	$15
25th Percentile	$29,901	$2,492	$575	$14

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