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Revenue stamp clerk vs payment processor

The differences between revenue stamp 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 a revenue stamp clerk and a payment processor. Additionally, a payment processor has an average salary of $34,030, which is higher than the $32,897 average annual salary of a revenue stamp clerk.

The top three skills for a revenue stamp clerk include computer system, data entry and regulatory agencies. The most important skills for a payment processor are customer service, patients, and data entry.

Revenue stamp clerk vs payment processor overview

Revenue Stamp ClerkPayment Processor
Yearly salary$32,897$34,030
Hourly rate$15.82$16.36
Growth rate-5%-5%
Number of jobs69,18633,161
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 35%
Average age5151
Years of experience66

Revenue stamp clerk vs payment processor salary

Revenue stamp clerks and payment processors have different pay scales, as shown below.

Revenue Stamp ClerkPayment Processor
Average salary$32,897$34,030
Salary rangeBetween $27,000 And $39,000Between $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

Differences between revenue stamp clerk and payment processor education

There are a few differences between a revenue stamp clerk and a payment processor in terms of educational background:

Revenue Stamp ClerkPayment Processor
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 35%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue stamp clerk vs payment processor demographics

Here are the differences between revenue stamp clerks' and payment processors' demographics:

Revenue Stamp ClerkPayment Processor
Average age5151
Gender ratioMale, 26.2% Female, 73.8%Male, 21.5% Female, 78.5%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.0% White, 68.1% 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 Percentage7%7%

Differences between revenue stamp clerk and payment processor duties and responsibilities

Revenue stamp clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Assist in the delivery of payroll as well as daily point of sale funds
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Route deliveries in the Tri-State area and ship via Fedex.
  • Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

Payment processor example responsibilities.

  • Manage and review all incoming discounts and electronic contractual adjustments for accuracy per the negotiated Medicaid and Medicare contracts ;.
  • Maintain daily transactions for customer payments and various bank accounts using Quickbooks to track transactions.
  • Prepare and print all reports for EDI processing.
  • Maintain client customer confidentiality and HIPAA regulations with all data handling and transfers.
  • Uphold and reinforce compliance with hospital policies and federal regulations such as HIPAA.
  • Investigate and take corrective action regarding invoices reject by system or through EDI.
  • Show more

Revenue stamp clerk vs payment processor skills

Common revenue stamp clerk skills
  • Computer System, 22%
  • Data Entry, 16%
  • Regulatory Agencies, 13%
  • Financial Audits, 12%
  • Business Transactions, 8%
  • Revenue Centers, 8%
Common payment processor skills
  • Customer Service, 15%
  • Patients, 10%
  • Data Entry, 10%
  • ACH, 8%
  • Phone Calls, 5%
  • Credit Card Payments, 4%

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