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$40,730

Average Base Salary

$20/hr

Average Hourly Rate

$749

Average Bonus
The average payment processor salary in Arkansas, United States is $40,730 or an hourly rate of $20. This is 12% lower (-$5,619) than the average payment processor salary in the United States. In addition, they earn an average bonus of $749.
Salary by Experience

$28,077

Entry Level Salary

$53,307

Senior Level Salary
An entry level payment processor (1-3 years of experience) earns an average salary of $28,077. On the other end, a senior level payment processor (8+ years of experience) earns an average salary of $53,307.
Job Description
Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.
Education

The chart below breaks down accounts by the highest level of education obtaned.

About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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