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Payment Processor Jobs in Michigan (NOW HIRING)

Oaklawn Hospital

Self-Pay Specialist

Marshall, MI · On-site

Responsible for incoming and outgoing collection calls as well as arranging a method of payment for ... Associate degree or One (1) year experience in third-party billing and claims processing or similar ...

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Payment Processor information

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$8

$15

$22

How much do payment processor jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for payment processor in Michigan is $15.68, according to ZipRecruiter salary data. Most workers in this role earn between $13.41 and $17.16 per hour, depending on experience, location, and employer.

What is the difference between Payment Processor vs Payment Clerk?

AspectPayment ProcessorPayment Clerk
Required CredentialsBasic financial knowledge, sometimes certifications in payment systemsHigh school diploma, basic accounting or clerical skills
Work EnvironmentFinancial institutions, e-commerce companies, payment service providersAccounting departments, retail stores, administrative offices
Employer & Industry UsageUsed in industries handling electronic payments and transactionsCommon in retail, hospitality, and administrative roles
Search & Comparison IntentUnderstanding payment processing roles, career optionsAdministrative payment tasks, clerical roles in finance

The main difference is that a Payment Processor manages electronic payment transactions and systems, often requiring technical knowledge of payment platforms. A Payment Clerk handles manual payment processing, record-keeping, and administrative tasks related to payments. Both roles are essential in financial operations but differ in complexity, environment, and responsibilities.

What are some common challenges faced by payment processors, and how can they be effectively managed?

Payment Processors often encounter challenges such as handling high transaction volumes, detecting fraudulent activity, and resolving discrepancies quickly. Staying organized and detail-oriented is essential, as even small errors can impact financial records. Building strong communication with internal teams and external clients can help resolve issues efficiently. Regularly updating knowledge on compliance regulations and payment technologies also ensures accuracy and security in daily operations.

What is a payment processor?

Payment processors perform a variety of bookkeeping duties for a financial institution, such as a bank, mortgage lending company, or another kind of financial merchant. They document and catalog all payments that come through their systems and oversee credit card transactions made by customers. In addition to overseeing all payments and financial transactions, payment processors may perform clerical duties, such as documenting customer payment plans, writing reports, pulling customer information, and providing customer service whenever account or payment questions arise.

What is a payment processor?

Payment processors are companies or services that handle transactions between merchants and customers, ensuring the secure transfer of payment information. They facilitate the authorization, processing, and settlement of credit card, debit card, and electronic payments. Payment processors act as intermediaries between the bank of the customer and the bank of the merchant, making sure funds are transferred quickly and securely. These services are essential for businesses that accept non-cash payments, both online and in-person.

What are the key skills and qualifications needed to thrive as a payment processor?

To thrive as a Payment Processor, you need strong attention to detail, accuracy in data entry, and a foundational knowledge of financial transactions, often supported by a high school diploma or equivalent. Familiarity with payment processing software, accounting systems, and compliance tools such as PCI DSS standards is typically required. Excellent organizational skills, integrity, and the ability to communicate effectively with both clients and colleagues are standout soft skills in this role. These skills ensure timely, secure, and error-free processing of payments, which is critical for maintaining client trust and operational efficiency.
More about Payment Processor jobs
What are popular job titles related to Payment Processor jobs in Michigan? For Payment Processor jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Payment Processor jobs in Michigan look for? The top searched job categories for Payment Processor jobs in Michigan are:
What cities in Michigan are hiring for Payment Processor jobs? Cities in Michigan with the most Payment Processor job openings:
What are popular job titles related to Payment Processor jobs in MI? For Payment Processor jobs in MI, the most frequently searched job titles are:
Payment Processor jobs near you
Infographic showing various Payment Processor job openings in Michigan as of August 2026, with employment types broken down into 80% Full Time, 16% Part Time, and 4% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $32,617 per year, or $15.7 per hour.

Compensation and Payment Analyst

Common Sail Investment Group

Brighton, MI

Full-time

Medical, Dental, Vision, Retirement

Posted 18 days ago

Job description

Compensation and Payment Analyst

Common Sail Investment Group

Position Summary:

The Compensation and Payment Analyst is responsible for coordinating, reviewing and monitoring Sales commissions and 3rd party referral invoices across the organization for accuracy. Ensuring timely and accurate payment supporting company guidelines and avoiding unnecessary spending or duplication.

Required Experience for Compensation and Payment Analyst:

  • 1-2 years of experience in related field
  • Bachelors degree in related field
  • Highly proficient in Excel
  • Familiar with Salesforce and Yard (not essential)
  • Accountability and strong time management skills
  • Highly disciplined with consistent follow through
  • High attention to detail and accuracy
  • Comfortable conducting difficult conversations
  • Strong collaboration and interpersonal communication skills
  • Able to think outside the box for solutions to problems

Responsibilities for Compensation and Payment Analyst:

  • Gathering sales commissions from communities every month
  • Gathering new resident move-ins and move-outs data each month
  • Receiving all paid referral invoices each month
  • Establishing processes that consolidate, track and manage all of the information by sales employees, community and company
  • Create reports that monitor payment guidelines and ensure all payments are accurate and timely based on contract terms or compensation plans
  • Collaborate with Director, Accounts Payables, sales leadership, sales employees, and contracts
  • Utilize tools and resources available and work with Director to create reporting processes that allow tracking and monitoring progress from prior year(s) spending
  • Perform other duties as assigned

General Working Conditions:
This position entails standing for long periods of time while in working sessions. While performing the duties of this job, the employee is required to communicate effectively with others, sit, stand, walk and use hands to handle keyboard, telephone, paper, files, and other equipment and objects. The employee is occasionally required to reach with hands and arms. This position requires the ability to review detailed documents and read computer screens. The employee will occasionally lift and/or move up to 25 pounds. The work environment requires appropriate interaction with others. The noise level in the work environment is moderate. Travel is required.

We are fortunate to serve seniors, employers, employees, patients and each other.

We have comprehensive benefit packages that include health, dental, vision, 401(k), income protection, and extraordinary work-life benefits.

This classification description is intended to indicate the general kinds of tasks and levels of work difficulty that are required of positions given this title and should not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of the employees under her/his supervision. The use of a particular expression or illustration describing duties shall not exclude other duties not mentioned that are of a similar kind or level of difficulty.

Equal Opportunity Employer

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