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The differences between tellers and merchants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a merchant has an average salary of $74,999, which is higher than the $32,171 average annual salary of a teller.
The top three skills for a teller include cash handling, customer service and financial transactions. The most important skills for a merchant are product development, gross margin, and market trends.
| Teller | Merchant | |
| Yearly salary | $32,171 | $74,999 |
| Hourly rate | $15.47 | $36.06 |
| Growth rate | -12% | - |
| Number of jobs | 16,298 | 15,395 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 57% |
| Average age | 39 | 41 |
| Years of experience | - | - |
Tellers are bank employees who handle face-to-face or in-person transactions of clients. They are the bank's front liners, and they interact with clients on a daily basis. They process requests related to the clients' bank accounts, including, but not limited to, opening and closing accounts, withdrawing and depositing cash and checks, processing loan requests, accepting payments, validating transactions, and answering any other questions that a client may have. They should also be familiar with the bank's products and services. Tellers should have good customer service skills, attention to detail, and basic accounting skills.
A merchant is responsible for selling goods and services for an organization to generate revenues by reaching out to existing and potential customers and discuss the products' features. Merchants must have extensive knowledge of the goods offered by the company to be able to respond to customers' inquiries and concerns accurately. They also maintain the adequacy of inventory for store orders, create purchase requests, and analyze sales performance. A merchant coordinates with the sales and marketing team to develop efficient promotional strategies and increase brand awareness on public platforms.
Tellers and merchants have different pay scales, as shown below.
| Teller | Merchant | |
| Average salary | $32,171 | $74,999 |
| Salary range | Between $26,000 And $39,000 | Between $47,000 And $119,000 |
| Highest paying City | Manchester, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Security Service Federal Credit Union | Levi Strauss & Co. |
| Best paying industry | Finance | Finance |
There are a few differences between a teller and a merchant in terms of educational background:
| Teller | Merchant | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | - | Stanford University |
Here are the differences between tellers' and merchants' demographics:
| Teller | Merchant | |
| Average age | 39 | 41 |
| Gender ratio | Male, 23.0% Female, 77.0% | Male, 42.1% Female, 57.9% |
| Race ratio | Black or African American, 9.5% Unknown, 3.4% Hispanic or Latino, 21.2% Asian, 7.2% White, 58.1% American Indian and Alaska Native, 0.6% | Black or African American, 8.5% Unknown, 5.2% Hispanic or Latino, 23.3% Asian, 7.4% White, 55.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |