Average Payment Processing Clerk Salary in China for 2024

In this article, we will look at the average Payment Processing Clerk salary for 2024 in China and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Chinese yuan. To keep things simple, we are using the CNY currency code instead of the currency symbol ¥.

How Much Does a Payment Processing Clerk Make in China?

A Payment Processing Clerk working in China will typically earn around 138,200 CNY per year, and this can range from the lowest average salary of about 72,380 CNY to the highest average salary of 212,500 CNY.

Average Annual Salary
138,200 CNY
Average Monthly Salary
11,516 CNY

Lowest Annual Salary
72,380 CNY
Lowest Monthly Salary
6,031 CNY

Highest Annual Salary
212,500 CNY
Highest Monthly Salary
17,708 CNY

These are average salaries for a Payment Processing Clerk in China and include benefits such as housing and transport. It's also possible for a Payment Processing Clerk to earn more or less than the average salaries shown above.

Payment Processing Clerk salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Payment Processing Clerk Salaries in China

So we've looked at the average salaries a Payment Processing Clerk will earn in China. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Payment Processing Clerk can earn between 72,380 CNY and 212,500 CNY on average in China. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Payment Processing Clerk in China is 134,600 CNY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 134,600 CNY, and 50% of the population earn more than 134,600 CNY.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Payment Processing Clerk salary in China, 25% of the population are earning less than 91,960 CNY while 75% of the population earn more than 91,960 CNY.

75% of the population earn less than 168,100 CNY, and 25% of the population earn more than 168,100 CNY.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Payment Processing Clerk Salary by Experience Level in China

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average payment processing clerk salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Payment Processing Clerk in China that has less than two years of experience can expect to earn somewhere in the region of 82,920 CNY.
  • 2 - 5 Years Experience. With two to five years of experience the average Payment Processing Clerk salary would increase to 111,900 CNY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Payment Processing Clerk, the average salary would be 142,300 CNY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 172,200 CNY.
  • 15 - 20 Years Experience. A Payment Processing Clerk with 15 to 20 years of experience can earn an average of 190,500 CNY.
  • 20+ Years Experience. For a Payment Processing Clerk with more than 20 years, the expected average salary increases to 197,600 CNY.

Average Salary by Experience Chart

0-2 Years
82,920 CNY
2-5 Years +34%
111,900 CNY
5-10 Years +30%
142,300 CNY
10-15 Years +21%
172,200 CNY
15-20 Years +9%
190,500 CNY
20+ Years +5%
197,600 CNY

Payment Processing Clerk Salary by Education Level in China

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Payment Processing Clerk in China based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Payment Processing Clerk in China with a certificate or diploma education can earn an average salary of 103,840 CNY.

  • Bachelor's Degree. A Payment Processing Clerk in China with a bachelor's degree education can earn an average salary of 187,500 CNY.

Average Salary by Education Chart

Certificate or Diploma
103,840 CNY
Bachelor's Degree +80%
187,500 CNY

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in China is around 146,000 to 439,000 CNY and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Payment Processing Clerk Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In China, a male payment processing clerk will earn an average of 148,300 CNY, while a female payment processing clerk will earn around 136,100 CNY.

This means that a male payment processing clerk earns approximately 9% more than a female payment processing clerk for performing the same job.

Average Salary by Gender Chart in China

Male
148,300 CNY
Female -9%
136,100 CNY

Payment Processing Clerk Average Pay Raise in China

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Payment Processing Clerk in China is around 12% every 13 months.

The national average pay raise across all professions and industries in China is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 13 ) × 12  = 11%

What this means is that a Payment Processing Clerk in China can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in China for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in China.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Payment Processing Clerk Bonus and Incentive Rates in China

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Payment Processing Clerk is a low bonus based job, with 28% of employees reporting at least one bonus in the last 12 months.

72% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 3%.

Received Bonus
28%
No Bonus
72%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in China earn approximately 6% more than private sector employees in the same role.

Public Sector
362,200 CNY
Private Sector -6%
341,400 CNY

Salaries for Jobs Similar to a Payment Processing Clerk

In the table below, we have salary information for jobs that are similar to a Payment Processing Clerk in China.

Job Title Category Salary
AML Analyst Banking 518,300 CNY
Assistant Bank Branch Manager Banking 444,300 CNY
Assistant Bank Manager Banking 608,500 CNY
ATM Manager Banking 535,900 CNY
ATM Service Technician Banking 138,800 CNY
Bank Accounts Analyst Banking 201,100 CNY
Bank Accounts Collector Banking 119,700 CNY
Bank Accounts Controller Banking 254,700 CNY
Bank Accounts Executive Banking 394,300 CNY
Bank Accounts Manager Banking 430,500 CNY
Bank Auditing Manager Banking 472,100 CNY
Bank Branch Manager Banking 642,800 CNY
Bank Branch Operations Coordinator Banking 283,400 CNY
Bank Clerk Banking 125,100 CNY
Bank Client Service Associate Banking 174,000 CNY
Bank Collector Banking 130,400 CNY
Bank Compliance Specialist Banking 320,500 CNY
Bank Manager Banking 727,400 CNY
Bank Operational Risk Manager Banking 757,300 CNY
Bank Operations Head Banking 751,100 CNY
Bank Operations Officer Banking 290,800 CNY
Bank Operations Specialist Banking 472,100 CNY
Bank Process Manager Banking 403,100 CNY
Bank Product Manager Banking 498,000 CNY
Bank Programme Manager Banking 485,200 CNY
Bank Project Manager Banking 563,300 CNY
Bank Propositions Manager Banking 544,800 CNY
Bank Quantitative Analyst Banking 384,200 CNY
Bank Regional Manager Banking 774,200 CNY
Bank Regional Risk Officer Banking 394,300 CNY
Bank Relationship Manager Banking 535,800 CNY
Bank Relationship Officer Banking 253,400 CNY
Bank Teller Banking 137,400 CNY
Banker Banking 265,000 CNY
Banking Business Analyst Banking 390,000 CNY
Banking Business Development Officer Banking 239,300 CNY
Banking Business Planning Executive Banking 548,800 CNY
Banking Product Manager Banking 496,100 CNY
Banking Reference Data Manager Banking 437,900 CNY
Banking Risk Analyst Banking 366,200 CNY
Banking Technical Analyst Banking 204,000 CNY
Bankruptcy Coordinator Banking 266,000 CNY
Bill and Account Collector Banking 134,600 CNY
Budget Analyst Banking 382,600 CNY
Capital Risk Manager Banking 695,400 CNY
Cards Marketing Manager Banking 475,700 CNY
Cash Management Manager Banking 702,800 CNY
Check Processing Manager Banking 491,000 CNY
Commercial Vault Associate Banking 367,900 CNY
Corporate Banker Banking 290,800 CNY
Corporate Dealer Banking 409,000 CNY
Credit Analyst Banking 301,700 CNY
Credit and Collections Manager Banking 498,000 CNY
Credit Card Fraud Investigator Banking 397,900 CNY
Credit Portfolio Manager Banking 694,700 CNY
Credit Risk Analyst Banking 415,900 CNY
Credit Risk Associate Banking 419,400 CNY
Direct Bank Sales Representative Banking 288,100 CNY
Exchange Control Consultant Banking 415,900 CNY
Executive Account Analyst Banking 378,800 CNY
Financial Bank Planning Consultant Banking 502,200 CNY
Financial Banking Analysis Manager Banking 587,800 CNY
Financial Banking Assistant Banking 180,500 CNY
Financial Banking Systems Manager Banking 535,900 CNY
Foreign Exchange Manager Banking 544,800 CNY
Fraud Analyst Banking 413,900 CNY
Fraud Detection Associate Banking 283,400 CNY
Fraud Detection Manager Banking 612,500 CNY
Fraud Detection Supervisor Banking 320,500 CNY
Internal Bank Audit Manager Banking 731,700 CNY
Internal Bank Auditor Banking 367,200 CNY
Internal Private Banker Banking 273,300 CNY
International Banking Manager Banking 812,900 CNY
Investment Banking Analyst Banking 582,700 CNY
Loan Analyst Banking 384,200 CNY
Loan Area Manager Banking 447,700 CNY
Loan Audit Team Leader Banking 421,400 CNY
Loan Branch Manager Banking 433,800 CNY
Loan Business Development Officer Banking 245,300 CNY
Loan Clerk Banking 136,200 CNY
Loan Collection and Recovery Manager Banking 453,200 CNY
Loan Collection Manager Banking 478,000 CNY
Loan Collector Banking 128,500 CNY
Loan Examiner Banking 161,600 CNY
Loan Officer Banking 151,800 CNY
Loan Processing Manager Banking 421,400 CNY
Loan Processor Banking 164,200 CNY
Loan Quality Assurance Auditor Banking 388,100 CNY
Loan Quality Assurance Manager Banking 453,200 CNY
Loan Quality Assurance Representative Banking 283,700 CNY
Loan Review Manager Banking 451,000 CNY
Loan Team Leader Banking 381,800 CNY
Loans Manager Banking 504,500 CNY
Mortgage Advisor Banking 275,200 CNY
Mortgage Collection Manager Banking 433,800 CNY
Mortgage Collector Banking 125,700 CNY
Mortgage Credit Analyst Banking 194,600 CNY
Mortgage Credit Manager Banking 426,700 CNY
Mortgage Development Manager Banking 514,300 CNY
Mortgage Document Reviewer Banking 164,200 CNY
Mortgage Funding Manager Banking 513,300 CNY
Mortgage Operations Manager Banking 698,200 CNY
Mortgage Payment Processing Clerk Banking 148,300 CNY
Mortgage Processing Manager Banking 426,700 CNY
Mortgage Processor Banking 176,800 CNY
Mortgage Quality Assurance Auditor Banking 394,300 CNY
Mortgage Quality Assurance Manager Banking 428,400 CNY
Mortgage Servicing Clerk Banking 129,000 CNY
Mortgage Servicing Manager Banking 428,400 CNY
Mortgage Underwriter Banking 168,100 CNY
Online Banking Manager Banking 653,200 CNY
Personal Banker Banking 267,100 CNY
Personal Banking Advisor Banking 299,500 CNY
Phone Banker Banking 191,600 CNY
Private Banker Banking 268,900 CNY
Reconciliation and Investigation Specialist Banking 322,600 CNY
Tax Officer Banking 228,500 CNY
Teller Banking 128,900 CNY
Trade Officer Banking 157,600 CNY
Trade Product Manager Banking 467,100 CNY
Trader Banking 185,100 CNY
Treasury Operations Officer Banking 340,400 CNY

Salary Comparison by City

If you want to compare salaries with different cities in China, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beijing 159,100 CNY
Changchun 130,400 CNY
Changsha 125,100 CNY
Chengdu 142,300 CNY
Chongqing 152,100 CNY
Dalian 123,400 CNY
Dongguan 128,500 CNY
Foshan 128,900 CNY
Fuzhou 118,060 CNY
Guangzhou 151,800 CNY
Hangzhou 157,600 CNY
Harbin 143,200 CNY
Jinan 142,300 CNY
Kunming 116,740 CNY
Nanjing 142,300 CNY
Qingdao 138,200 CNY
Quanzhou 120,880 CNY
Shanghai 152,300 CNY
Shantou 139,100 CNY
Shenyang 148,300 CNY
Shenzhen 130,400 CNY
Suzhou 142,300 CNY
Tianjin 148,300 CNY
Wenzhou 130,400 CNY
Wuhan 152,000 CNY
Wuxi 117,860 CNY
Xi an 151,800 CNY
Xiamen 123,400 CNY
Zhengzhou 119,700 CNY

Salary Comparison by State

The table below includes links to the average salary for each state in China.

City Average Salary
Anhui 142,300 CNY
Beijing 119,900 CNY
Chongqing 130,400 CNY
Fujian 142,300 CNY
Gansu 123,400 CNY
Guangdong 154,700 CNY
Guangxi 142,300 CNY
Guizhou 136,100 CNY
Hainan 124,400 CNY
Hebei 148,300 CNY
Heilongjiang 134,600 CNY
Henan 158,700 CNY
Hubei 152,100 CNY
Hunan 143,200 CNY
Jiangsu 150,000 CNY
Jiangxi 142,300 CNY
Jilin 130,400 CNY
Liaoning 148,300 CNY
Nei Monggol 123,400 CNY
Ningxia 115,620 CNY
Qinghai 119,320 CNY
Shaanxi 138,800 CNY
Shandong 150,000 CNY
Shanghai 119,900 CNY
Shanxi 134,600 CNY
Sichuan 158,700 CNY
Tianjin 127,700 CNY
Xinjiang Uygur 119,020 CNY
Xizang [Tibet] 114,820 CNY
Yunnan 142,300 CNY
Zhejiang 151,800 CNY

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