Payment Processing Analyst Salary in the United States

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

As of May 18, 2021, the average salary for a Payment Processing Analyst in the United States is $62,906 per year, which breaks down to an hourly rate of $30.

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

  • Top Earners (90th percentile): $74,573
  • Majority Range (25th-75th percentile): $58,656 to $69,013
  • Entry-Level (10th percentile): $54,787
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View as table View as graph 25% $58,656 10% $54,787 90% $74,573 75% $69,013 $62,906 50%(Median) Didn’t find job title? Click

Payment Processing Analyst Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $69,013 $5,751 $1,327 $33
Average $62,906 $5,242 $1,210 $30
25th Percentile $58,656 $4,888 $1,128 $28
Check out Payment Processing Analyst Job Openings in the United States
PAYMENT PROCESSING CLERK

Pilot Company - Avon, OH

PAYMENT PROCESSING CLERK

Pilot Company - Caldwell, OH

PAYMENT PROCESSING CLERK

Pilot Company - Edon, OH

PAYMENT PROCESSING CLERK

Pilot Company - Millersport, OH

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Key Factors That Influence Payment Processing Analyst Salaries

A Payment Processing Analyst'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 Processing Analyst Salaries?

Experience is a primary driver of a Payment Processing Analyst'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): $48,057
  • Early Career (1-2 years): $53,813
  • Mid-Level (2-4 years): $62,093
  • Senior-Level (5-8 years): $83,933
  • Expert (over 8 years): $131,683
Levels Salary
Transacti... Level Payment Processing Analyst$48,057
Transacti... Level Payment Processing Analyst$53,813
Payment P... Level Payment Processing Analyst$62,093
Transacti... Level Payment Processing Analyst$83,933
Transacti... Level Payment Processing Analyst$131,683
$48,057 0 yr
$53,813 < 2 yrs
$62,093 2-4 yrs
$83,933 5-8 yrs
$131,683 > 8 yrs
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What Am I Worth?

How Do Payment Processing Analyst 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 Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $69,649.
  • California: $69,385.
  • Massachusetts: $68,460.

Top Paying Cities for Payment Processing Analysts

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: $79,343
  • San Francisco: $78,563
  • Oakland: $76,820

What Skills Can Increase a Payment Processing Analyst's Salary?

Demanded Skills for the Role:

  • Problem Solving (Mentioned in 4.84% Job Postings): Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  • Data Input (Mentioned in 3.33% Job Postings): Data input are information's that is provided to a computer or a software program. Input means to provide the program with some data to be used in it.
  • Accounting (Mentioned in 1.51% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
See More Skills
Skills Demand Percentage
Problem Solving 4.84%
Data Input 3.33%
Accounting 1.51%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Payment Processing Analyst's salary.
  • Collaboration: Can increase your salary by up to 3%.
  • Written Communication: Can increase your salary by up to 3%.
  • Analysis: Can increase your salary by up to 2%.
Skill Salary Salary % Increase
Collaboration
$64,793
3%
Written Communication
$64,793
3%
Analysis
$64,164
2%
Initiative
$64,164
2%
Data Analysis
$63,535
1%
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Payment Processing Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Payment Processing Analyst'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

Salary Trends for Payment Processing Analyst

Salaries for a Payment Processing Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $71,348 in 2023 to around $70,725 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Payment Processing Analyst salary trends, .

Average Annual Salary of Payment Processing Analyst Over Time

2022
$???
2023
$71,348
2024
$71,532
2025
$70,725
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $71,348
2024 $71,532
2025 $70,725
2026
View More
2027
View More

Most common benefits for Payment Processing Analyst

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Payment Processing Analyst

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

Find Your Next Payment Processing Analyst Job

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

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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.)

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