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 $32,446 for beginners, reaching about $33,998 at mid-level, and approach $34,201 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 Rhode Island

How much does a Payment Processor make in Rhode Island?

As of May 18, 2021, the average salary for a Payment Processor in Rhode Island is $32,701 per year, which breaks down to an hourly rate of $16.

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

Top Earners (90th percentile): $37,668
Majority Range (25th-75th percentile): $30,801 to $35,301
Entry-Level (10th percentile): $29,071

Compensation Planning

Develop a Job Description

Pay Equity

2025 Compensation Trend

Recruit with AI

AI Onboarding

Salary Salary + Bonus Benefits

View as table

Payment Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$35,301	$2,942	$679	$17
Average	$32,701	$2,725	$629	$16
25th Percentile	$30,801	$2,567	$592	$15

Get accurate pay by adjusting the below factors.

Change Search Criteria

Check out Payment Processor Job Openings in Rhode Island

Cardiac Catheterization Laboratory Technologist Urgently

Soliant - HENDERSON, NV

Travel Cath Lab Tech In

Soliant - SUGAR LAND, TX

Cath Lab RN Travel Assignment in

Soliant - LOUISVILLE, KY

Cath Lab Tech travel position in Osage

Soliant - OSAGE BEACH, MO

Search More Payment Processor Jobs in Rhode Island

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.

Levels	Salary
Entry Level Payment Processor	$32,446
Intermediate Level Payment Processor	$32,864
Senior Level Payment Processor	$33,998
Specialist Level Payment Processor	$34,120
Expert Level Payment Processor	$34,201

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:

Adamsville: $33,001
Albion: $32,401
Ashaway: $33,101

Adamsville, RI $33,001 Albion, RI $32,401 Ashaway, RI $33,101 Barrington, RI $32,401 Block Island, RI $32,901 Bradford, RI $33,101 Bristol, RI $32,401 Carolina, RI $32,801

Charlestown, RI $32,801 Chepachet, RI $32,401 Clayville, RI $32,401 Coventry, RI $32,401 West Greenwich, RI $32,301 East Greenwich, RI $32,401 Exeter, RI $33,101 Fiskeville, RI $32,401

Forestdale, RI $32,401 Foster, RI $32,301 Glendale, RI $32,301 Greene, RI $32,701 Greenville, RI $32,401 Harmony, RI $32,401 Harrisville, RI $32,401 Hope, RI $32,401

Hope Valley, RI $33,101 Hopkinton, RI $33,101 Jamestown, RI $32,801 Kenyon, RI $33,101 Little Compton, RI $33,001 Manville, RI $32,401 Mapleville, RI $32,301 Newport, RI $32,801

Middletown, RI $32,901 North Kingstown, RI $32,301 North Scituate, RI $32,401 Oakland, RI $32,401 Pascoag, RI $32,301 Pawtucket, RI $32,401 Central Falls, RI $32,401 Cumberland, RI $32,401

Lincoln, RI $32,401 Portsmouth, RI $32,601 Prudence Island, RI $32,401 Rockville, RI $33,101 Saunderstown, RI $32,801 Shannock, RI $33,101 Slatersville, RI $32,401 Slocum, RI $32,801

Tiverton, RI $33,001 Wakefield, RI $32,801 Kingston, RI $32,801 Narragansett, RI $32,801 Peace Dale, RI $32,801 Warren, RI $32,401 Warwick, RI $32,401 Westerly, RI $33,101

West Kingston, RI $32,801 West Warwick, RI $32,401 Wood River Junction, RI $33,101 Woonsocket, RI $32,401 North Smithfield, RI $32,401 Wyoming, RI $33,101 Providence, RI $32,401 Cranston, RI $32,401

North Providence, RI $32,401 East Providence, RI $32,401 Riverside, RI $32,401 Rumford, RI $32,401 Smithfield, RI $32,401 Johnston, RI $32,401

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

$30,801

Average $32,701/year

$35,301

$2,567

Average $2,725/month

$2,942

$592

Average $629/week

$679

$15

Average $16/hour

$17

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$35,301	$2,942	$679	$17
Average	$32,701	$2,725	$629	$16
25th Percentile	$30,801	$2,567	$592	$15

Salaries of jobs related to Payment Processor

Find Your Next Payment Processor Job

Ready to take the next step in your career? Browse thousands of current Payment Processor job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Rhode Island

Cost of Living in Rhode Island is

4.4% Higher

than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator

Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting

See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about