Electronic Accounts Payment Processor Salary (United States)

An Electronic Accounts Payment Processor earns an average wage of $14.56 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least. Most people with this job move on to other positions after 20 years in this career.
Electronic Accounts Payment Processor Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$27,265 - $45,816
(Median)
27K
35K
41K
46K
MEDIAN: $35,465
10%
50%
75%
90%
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Electronic Accounts Payment Processor Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$10.22 - $19.25
(Median)
10
13
15
16
19
MEDIAN: $14.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16K$32K$48K
Salary
$27,265 - $45,816  
   
Bonus
$0.00 - $1,532  
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).
)
$22,374 - $42,162  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 22
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$10.22 - $19.25  
   
Overtime
$10.50 - $28.10  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $1,532  
   
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).
)
$22,374 - $42,162  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 74
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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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Experience Affects Electronic Accounts Payment Processor Salaries

Experienced
up arrow 7%
National Average
$31,000
Mid-Career
up arrow 2%
Entry-Level
up arrow 6%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 27 votes.

Gender

Female
93%
female alumni
 
Male
7%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
33%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 64%
vision benefits Vision: 48% employee benefits None: 20%
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