Electronic Accounts Payment Processor Salary

The average rate for an Electronic Accounts Payment Processor is $15.00 per hour.

$28,681 - $59,598
$29K
$34K
$60K
MEDIAN: $34,000
10%
50%
90%

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$11.71 - $20.33
$12
$15
$20
MEDIAN: $15.27
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$20K$40K$60K
Salary
$28,681 - $59,598  
   
Bonus
$1,000  
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).
)
$25,398 - $42,478  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 10
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$8$16$24
Hourly Rate
$11.71 - $20.33  
   
Overtime
$18.23  
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$16K$32K$48K
Bonus
$1,000  
   
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).
)
$25,398 - $42,478  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 56

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United States (change)

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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

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

Electronic Accounts Payment Processor Job Listings

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Pay by Experience Level for Electronic Accounts Payment Processor

Pay by Experience for an Electronic Accounts Payment Processor has a positive trend. An entry-level Electronic Accounts Payment Processor with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 37 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Electronic Accounts Payment Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $34,000 based on 19 salaries. An experienced Electronic Accounts Payment Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $34,000 based on 13 salaries. An Electronic Accounts Payment Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $38,000 based on 10 salaries.

Related Job Salaries

Key Stats for Electronic Accounts Payment Processor

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
Less than 1 year
6%
1-4 years
50%
5-9 years
21%
10-19 years
18%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Electronic Accounts Payment Processor Salaries

Late-Career
▲16%

Mid-Career
▲4%

Experienced
▲3%

National Average
$33,000

Entry-Level
▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
6%
1-4 years
50%
5-9 years
21%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 76%
vision benefits
Vision: 65%
no benefits
None: 24%
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