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Transaction processor education requirements

Updated January 8, 2025
2 min read
Usually, transaction processors don't need a college education. The most common degree for transaction processors is bachelor's degree with 38% graduates, with only 24% transaction processor graduates earning associate degree. Transaction processors who decided to graduate from college often finish University of Phoenix or Eastern Kentucky University. Some good skills to have in this position include clerical tasks, computer database and business operations.

Popular transaction processor certifications include Certified Medical Administrative Assistant (CMAA), Certified Management Accountant (CMA), or Certified Information Technology Professional (CITP). To improve transaction processor qualification and skills, we prepared some online courses to help in transaction processor education paths.

What education do you need to become a transaction processor?

What degree do you need to be a transaction processor?

The most common degree for transaction processors is bachelor's degree, with 38% of transaction processors earning that degree. The second and third most common degree levels are associate degree degree at 24% and associate degree degree at 23%.
  • Bachelor's, 38%
  • Associate, 24%
  • High School Diploma, 23%
  • Diploma, 7%
  • Other Degrees, 8%

What should I major in to become a transaction processor?

You should major in business to become a transaction processor. 30% of transaction processors major in business. Other common majors for a transaction processor include accounting and health care administration.

Best majors for transaction processors

20 best online courses for transaction processors

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1. Retail Customer Service

coursera

The Retail Customer Service course examines the day-to-day tasks that will be tackled in a retail customer service setting, including advanced skills such as returns and exchanges. You will apply guidelines for transactions such as sales, returns, exchanges, and data entry for customer information in real simulations. You will also observe the skills within a retail community location, evaluating the types of tasks observed and shared with a group of peers. You will complete sample transactions...

2. Big Data Integration and Processing

coursera

At the end of the course, you will be able to: *Retrieve data from example database and big data management systems *Describe the connections between data management operations and the big data processing patterns needed to utilize them in large-scale analytical applications *Identify when a big data problem needs data integration *Execute simple big data integration and processing on Hadoop and Spark platforms This course is for those new to data science. Completion of Intro to Big Data is...

3. Data Entry Skills: A Complete Data Entry Course from Scratch

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A Complete Guide to Data Entry Skills: Learn Data Entry Skills and become a Data Entry Pro & Get a Online Data Entry Job...

4. Become a Mortgage Loan Processor

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5. Complete Data Entry Skills Course - Learn Data Entry Skills

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Learn Essential Data Entry Skills Now To Enhance Your Career -Word - Excel - Database - Data Entry Jobs...

6. Advanced Mortgage Loan Processor: Essential Skills Training

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Finibi Mortgage CEO, Joe Correa, teaches you how to take your mortgage loan processor career to the next level...

7. Data Science:Data Mining & Natural Language Processing in R

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Harness the Power of Machine Learning in R for Data/Text Mining, & Natural Language Processing with Practical Examples...

8. Complete Data Wrangling & Data Visualisation With Python

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Complete Data Science Training: Mathematics, Statistics, Python, Advanced Statistics in Python, Machine & Deep Learning...

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This course prepares participants to begin running data analysis on databases...

11. Statistics / Data Analysis: Survey Data and Likert Scales

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How to Process Survey Data and Analyze Likert Scales In SPSS...

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Learn from a Successful Data Entry Professional!...

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Learn and practice how to transform raw healthcare claims data into valuable knowledge and actionable insights!...

14. The Data Bootcamp: Transform your Data using dbt™

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Learn dbt™ from scratch. Build data models, perform testing, generate documents & become an all rounded Data Engineer!...

15. Data Analysis & Visualization: Python Excel BI Tableau

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Connect to data, clean & transform data, analyse and visualize data...

16. Customer Service & Support For Customer Service Executives

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Learn Customer Service Skills & Provide Excellent Customer Support, Customer Experience & How To Manage Upset Customers...

17. Data Engineering - ETL, Web Scraping ,Big Data,SQL,Power BI

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Hands on Data Interaction using - ETL, Web Scraping ,Big Data,SQL,Power BI...

18. Data Science for Business 6 Real-world Case Studies

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Solve 6 real Business Problems. Build Robust AI, DL and NLP models for Sales, Marketing, Operations, HR and PR projects...

19. Data Science Career Guide - Interview Preparation

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Prepare for your Data Science Interview with this full guide on a career in Data Science including practice questions!...

20. R Data Pre-Processing & Data Management - Shape your Data!

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Learn how to prepare your data for great analytics in R...

Average transaction processor salary by education level

Transaction processor education levelTransaction processor salary
High School Diploma or Less$46,751

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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