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The differences between item processing clerks and payment processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an item processing clerk and a payment processor. Additionally, a payment processor has an average salary of $34,030, which is higher than the $31,994 average annual salary of an item processing clerk.
The top three skills for an item processing clerk include process checks, financial institutions and data entry. The most important skills for a payment processor are customer service, patients, and data entry.
| Item Processing Clerk | Payment Processor | |
| Yearly salary | $31,994 | $34,030 |
| Hourly rate | $15.38 | $16.36 |
| Growth rate | -5% | -5% |
| Number of jobs | 73,889 | 33,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 35% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
Item processing clerks and payment processors have different pay scales, as shown below.
| Item Processing Clerk | Payment Processor | |
| Average salary | $31,994 | $34,030 |
| Salary range | Between $26,000 And $38,000 | Between $27,000 And $42,000 |
| Highest paying City | - | San Jose, CA |
| Highest paying state | - | Alaska |
| Best paying company | - | University of California, Berkeley |
| Best paying industry | - | Insurance |
There are a few differences between an item processing clerk and a payment processor in terms of educational background:
| Item Processing Clerk | Payment Processor | |
| Most common degree | Bachelor's Degree, 33% | Bachelor's Degree, 35% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between item processing clerks' and payment processors' demographics:
| Item Processing Clerk | Payment Processor | |
| Average age | 51 | 51 |
| Gender ratio | Male, 26.4% Female, 73.6% | Male, 21.5% Female, 78.5% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |