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Payment Processor Jobs in Chicago, IL (NOW HIRING)

This process alleviates the review, preparation, approval and payment of invoices manually by the individual plants. The environment is constantly changing with new/changed rates, new/changed ...

Accurately post funds by recording checks, ACH, and wire transfer payments within departmental KPIs ... Process both U.S. and Canadian funds appropriately. * Initiate title pull requests through the ...

Payment Solutions

Chicago, IL · On-site

$103K - $118K/yr

Our ability to do that comes from world-class execution - robust systems, disciplined processes ... Solving customer and supplier payment discrepancies. You will trace issues through the full ...

... payments, loyalty, 24/7 customer service, data analysis and reporting, and cash logistics. The ... Process and verify currency counts; maintain inventory counts and levels, including vault ...

Showing results 21-40

Payment Processor information

See Chicago, IL salary details

$10

$18

$27

How much do payment processor jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for payment processor in Chicago, IL is $18.55, according to ZipRecruiter salary data. Most workers in this role earn between $15.87 and $20.34 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.
What cities near Chicago, IL are hiring for Payment Processor jobs? Cities near Chicago, IL with the most Payment Processor job openings:
Infographic showing various Payment Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 78% Full Time, 11% Part Time, and 11% Contract. Highlights an 100% In-person job distribution, with an average salary of $38,579 per year, or $18.5 per hour.

Payment Specialist l -Onsite

Dovenmuehle Mortgage, Inc.

Lake Zurich, IL • On-site

$19 - $20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago


Dovenmuehle rating

7.4

Company rating: 7.4 out of 10

Based on 28 frontline employees who took The Breakroom Quiz


Job description


Payment Specialist I

Full time; Non-Exempt; 37.5 hours/week; Overtime as required.

Location; Lake Zurich, IL, US

Department: Cash


Dovenmuehle Mortgage, Inc. (“Dovenmuehle”) is the leading mortgage subservicing firm in the United States with several hundred financial institution clients nationwide.


General Description:


Responsible for processing all types of cashier transactions. Reports to Supervisor.


Essential Functions and Duties:

  • Oversees Payment Processing or Payoffs using internal servicing software.
  • Review and sort payments or payoffs received by overnight and regular mail.
  • Communicate with other departments to process rejected payments and payoffs.
  • Monitor daily reports, faxes, email, and other information received to ensure timely application of all payments or payoffs.
  • Identify and verify checks, batches, payoffs, and payments.
  • Research and reconcile outstanding items and balance discrepancies.
  • Assist with Branch Payment Interface, wires, transmittals, reports, and account research.
  • Scanning, filing, faxing, and answering phones.
  • Complete daily JIRA Tasks
  • May assist Team Lead and Management in the training of new or seasoned employees.
  • Comply with the Code of Conduct and regulatory training requirements.
  • Successfully complete annual regulatory compliance training.
  • Additional duties as assigned.

Required Qualifications:

  • High School Diploma or equivalent
  • 3+ years of cash handling or accounting experience in a high-volume setting
  • Superior data entry, basic math, and cash balancing skills
  • Solid PC skills: Proficient with Microsoft applications
  • Strong analytical and problem-solving skills and attention to detail and accuracy
  • Ability to handle complex, multiple tasks simultaneously with a sense of urgency in a fast-paced environment.
  • Effective verbal and written communication skills with demonstrated ability to always interact in a positive and professional manner with all levels of both internal and external audiences.
  • Detail-oriented and able to follow complex instructions accurately.


Preferred/Other Qualifications:

  • Payment File Management
  • Client Communication
  • Suspense Management


Benefits:


• Medical, Dental, Vision, Wellness, Flexible Spending Account, and Employee Assistance Program and more.

• Employer paid Life Insurance, Short Term Disability, and Long-Term Disability.

• 401 (K) Plan with company match

• Paid Vacation, Sick, Personal and Holidays


Physical Demands and Work Environment:


The employee must be comfortable in either an on-site office setting, or a quiet, designated work from home space that is free from distractions and noise. The employee is regularly required to communicate (give/receive) information through multiple methods of communication with clear understanding from others. Must be able to exchange accurate information in these situations.


The employee must be able to remain in a stationary position and/or move about the organization or remote office. The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle, or feel and reach. May occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs. Employees may be required to type and utilize a computer for long periods of time.


The employee may be required to frequently operate a standard variety of office equipment including computers, calculators, copy machines, computer printers and phones. The noise level, if working on-site, is usually moderate and typical of an office environment.


In accordance with applicable disability laws, Dovenmuehle works with applicants and employees to make reasonable accommodations to the job or work environment when doing so will enable an employee with a qualified disability to satisfactorily perform the essential functions of the job.




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