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Payment Processor Jobs (NOW HIRING)

DebtBlue

Payment Processor (QC Team)

Richardson, TX · On-site

$18/hr

Process scheduled payments of negotiated settlements as well as audit for accuracy. * Send refund or referral of fees requests to the accounting department. * Other duties as required to support ...

DebtBlue

Payment Processor (QC Team)

Richardson, TX · On-site

$18/hr

Process scheduled payments of negotiated settlements as well as audit for accuracy. * Send refund or referral of fees requests to the accounting department. * Other duties as required to support ...

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Payment Processor information

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$10

$17

$26

How much do payment processor jobs pay per hour?

As of Jun 30, 2026, the average hourly pay for payment processor in the United States is $17.99, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $19.71 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 jobs pay 2000 a day?

High-paying jobs for payment processors are uncommon, as most roles in this field earn significantly less daily. Typically, roles in finance, consulting, or executive management can reach or exceed $2,000 per day, often requiring specialized skills, certifications, or extensive experience. Freelance or consulting positions in these areas may also achieve such earnings depending on client contracts and project scope.

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 Are Payment Processors?

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 profession makes $400,000 a year?

In the field of payment processing, senior roles such as Payment Processing Directors or Chief Payment Officers can earn salaries around $400,000 annually, especially in large organizations or financial institutions. These positions typically require extensive experience, leadership skills, and knowledge of payment systems and compliance.

What jobs pay $10,000 a month without a degree?

A payment processor role typically does not pay $10,000 a month without significant experience or specialized skills. High-paying jobs that can reach this level without a degree often include sales, real estate, or entrepreneurship, but they usually require strong skills, networking, and sometimes certifications. Most roles with such income levels are performance-based or involve business ownership rather than entry-level positions.

What are payment processors?

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, and why are they important?

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 is the role of a payment processor?

A payment processor is responsible for handling electronic payment transactions between customers and merchants, ensuring secure and efficient transfer of funds. They facilitate authorization, settlement, and communication with banks or financial institutions, often using specialized software and compliance standards. Payment processors are essential for businesses accepting credit card, debit card, or digital payments.
More about Payment Processor jobs
What cities are hiring for Payment Processor jobs? Cities with the most Payment Processor job openings:
Who are the top companies hiring for Payment Processor jobs? The top employers for Payment Processor jobs are:
What states have the most Payment Processor jobs? States with the most job openings for Payment Processor jobs include:
What job categories do people searching Payment Processor jobs look for? The top searched job categories for Payment Processor jobs are:
What are popular job titles related to Payment Processor jobs? For Payment Processor jobs, the most frequently searched job titles are:
Payment Processor jobs near you
Infographic showing various Payment Processor job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 90% Full Time, 1% Part Time, and 8% Contract. Highlights an 92% Physical, 1% Hybrid, and 7% Remote job distribution, with an average salary of $37,422 per year, or $18 per hour.
Payment Correspondence Processor I

Payment Correspondence Processor I

LERETA, LLC

Pomona, CA

$16.02 - $20/hr

Full-time

Posted 3 days ago

LERETA rating

7.5

Company rating: 7.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

165th of 437 rated business services

Job description

The Payment & Correspondence Processor I supports the main responsibilities of the Bill Acquisition & Payment Teams by responding to outgoing manual bill requests to taxing authorities, reviewing and keying of tax amounts for reporting to LERETA customers, review of incoming mail to support the Outsourcing Teams, and balancing the funds received for timely and accurate payment remittance.

Essential Functions:

  • Prepare outgoing Bill Request and Registrations to taxing authorities
  • Open incoming mail from taxing authorities and route to appropriate process
  • Authenticate all tax bills received and confirm correct taxing authority mailing address, phone number, contact information and due dates.
  • Utilize 10-Key tax amounts into LERETA’s TCSL (Tax C Service Search Listing) System
  • Image and index customer documents for proper uploading to LERETA’s WebXtender System
  • Outsource Mail distribution according to Lender approved Mail matrix. In some cases, interact with Lender Servicing systems; MSP, FiServ, Mortgage SERV, LSAMS, etc.
  • Cash Management - Expedite the identification of incoming electronic funds and lender checks to Key Check details into Payment DB for mass payments
  • Balance Sheet - balance funds for mass payments to taxing authorities in conjunction with ELD (Economic Loss Date) to ensure timely remittance. Review daily cash flow, to ensure account reconciliation prior to remittance of funds to the taxing authority
  • Analyze prioritization of work and projects by creating, manipulating, and utilizing excel spreadsheets
  • File and pull necessary tax bills for Payment processing to prepare. Bill Match necessary bills to payment listings for clean organized payment packages to the taxing authorities
  • Evaluate position of funds in-house against various SLA’s to determine best processing path supporting team goals and customer expectations
  • Utilize internal controls such as internal DCP (Daily Cash Position) report to monitor funds payable to LERETA
  • Initiate and prepare timely and accurate Electronic Funds Transfers to various taxing authorities
  • Upload payment file details to Taxing Authorities Vendor Websites (Auto Agent, GovTech, and Grant Street) and ensure that procedures and policies are followed for excess funds during upload
  • Speak to LERETA’s mortgage lenders and taxing authorities
  • Respond to mortgage lenders and taxing authorities by utilizing effective verbal and written communication in a prompt and accurate manner
  • Provide details of quality issues found throughout process to immediate Team Lead or Supervisor
  • Accurately prepare production/statistical reports as applicable
  • Assist with training of fellow team members

SALARY RANGE $16.02 - $20.00

Requirements:

  • Must be able to type 45+ wpm
  • Must be able to use 10 key by touch; 7k or above with 98% accuracy
  • Must be a team player and have the ability to work in a team environment
  • Possess effective communication skills, both written and verbal
  • Ability to work in a fast-paced and high stress environment

Required Education:

  • High School Diploma or equivalent

Preferred Education & Experience:

  • Basic Knowledge of Real Estate Tax Servicing

Apply