Electronic Accounts Payment Processor Salary

The average rate for an Electronic Accounts Payment Processor is $14.63 per hour. People in this job generally don't have more than 20 years' experience.

$25,213 - $45,999
(Median)
$25K
$34K
$46K
MEDIAN: $34,347
10%
50%
90%

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$10.42 - $19.02
(Median)
$10
$15
$19
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16K$32K$48K
Salary
$25,213 - $45,999  
   
Bonus
$0.00 - $1,174  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$23,396 - $42,118  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 30
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$9$18$27
Hourly Rate
$10.42 - $19.02  
   
Overtime
$13.31 - $25.65  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Bonus
$0.00 - $1,174  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$23,396 - $42,118  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 92
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Job Description for Electronic Accounts Payment Processor

Electronic accounts payments processors assist with clients' and companies' financial transactions, making sure that payments are processed smoothly. They must respond to inquiries from any relevant parties (such as outside vendors and departments within their company) with accurate information in a timely manner. Additionally, electronic accounts payment processors must perform reconciliations as necessary and prepares invoices for payment in line with company standards. At times, the processor may need to be in contact with a third party, such as an insurance company; being able to use the phone and email applications is essential to communicate with all relevant parties, keeping mistakes to a minimum and avoiding delays in processing financial transactions.

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Electronic Accounts Payment Processor Tasks

  • Conduct data entry and identify and isolate errors or discrepancies.
  • Review payroll, purchase requisitions, receipts, and maintain all documentation.
  • Maintain and review financial records to ensure completeness, accuracy, and compliance with regulations.
  • Monitor budgets and report overages or shortages.

Electronic Accounts Payment Processor Job Listings

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Pay by Experience Level for Electronic Accounts Payment Processor

Median of all compensation (including tips, bonus, and overtime) by years of experience.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


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Experience Affects Electronic Accounts Payment Processor Salaries

Late-Career
up arrow 20%

Experienced
up arrow 5%

Mid-Career
0%

National Average
$32,000

Entry-Level
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
2%
1-4 years
40%
5-9 years
31%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 68%
medical benefits
Vision: 52%
dental benefits
None: 23%
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