Payments Architect Contracts in London

Payments Architect
England > London

The median Payments Architect daily rate in London is £675 according to job vacancies posted during the 6 months to 4 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 379 474 575
Rank change year-on-year +95 +101 -121
Contract jobs requiring a Payments Architect 11 17 27
As % of all contract jobs advertised in London 0.062% 0.063% 0.069%
As % of the Job Titles category 0.067% 0.067% 0.073%
Number of daily rates quoted 3 15 15
10th Percentile - £588 -
25th Percentile £638 £613 £500
Median daily rate (50th Percentile) £675 £725 £523
Median % change year-on-year -6.90% +38.76% -13.21%
75th Percentile £713 £738 £700
90th Percentile - £790 £741
England median daily rate £675 £725 £523
% change year-on-year -6.90% +38.76% -12.92%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in London with a recognized job title 16,498 25,529 37,134
% of contract IT jobs with a recognized job title 93.24% 95.28% 95.32%
Number of daily rates quoted 11,929 18,487 27,116
10th Percentile £325 £363 £375
25th Percentile £443 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £680
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 336 291 449
10th Percentile £16.01 £18.00 £16.45
25th Percentile £20.02 £22.57 £22.03
Median hourly rate £27.50 £35.50 £35.00
Median % change year-on-year -22.54% +1.43% +9.38%
75th Percentile £43.75 £62.25 £49.25
90th Percentile £65.00 £78.80 £67.50
England median hourly rate £36.50 £44.53 £22.50
% change year-on-year -18.03% +97.91% +2.27%

Payments Architect
Job Vacancy Trend in London

Job postings that featured Payments Architect in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Payments Architect in London

Payments Architect
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Payments Architect in London.

Daily rate trend for Payments Architect in London

Payments Architect Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 4 May 2024, Payments Architect contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Payments Architect in the job title.

1 4 (36.36%) Retail
2 3 (27.27%) API Integration
2 3 (27.27%) Microservices
2 3 (27.27%) PCI DSS
3 2 (18.18%) Domain-Driven Design
3 2 (18.18%) AWS
3 2 (18.18%) Finance
3 2 (18.18%) Agile
3 2 (18.18%) API Design
3 2 (18.18%) Social Skills
3 2 (18.18%) Roadmaps
3 2 (18.18%) PSD2
3 2 (18.18%) Digital Wallet
3 2 (18.18%) Problem-Solving
3 2 (18.18%) Technical Leadership
3 2 (18.18%) Architectural Design
3 2 (18.18%) Translating Business Requirements
3 2 (18.18%) SEPA
3 2 (18.18%) TOGAF
3 2 (18.18%) ArchiMate
3 2 (18.18%) Mobile Payment
4 1 (9.09%) Cloud Native
4 1 (9.09%) Requirements Gathering
4 1 (9.09%) Front Office
4 1 (9.09%) Back Office
4 1 (9.09%) Java
4 1 (9.09%) Pegasus
4 1 (9.09%) Foreign Exchange (FX)
4 1 (9.09%) Mainframe
4 1 (9.09%) Banking

Payments Architect Skill Set
Co-occurring Skills and Capabilities in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 2 (18.18%) AWS
2 1 (9.09%) SaaS
General
1 4 (36.36%) Retail
2 2 (18.18%) Finance
2 2 (18.18%) Social Skills
3 1 (9.09%) Back Office
3 1 (9.09%) Banking
3 1 (9.09%) Front Office
Miscellaneous
1 2 (18.18%) Digital Wallet
1 2 (18.18%) Mobile Payment
2 1 (9.09%) Cloud Native
2 1 (9.09%) Foreign Exchange (FX)
2 1 (9.09%) Mainframe
Processes & Methodologies
1 3 (27.27%) API Integration
1 3 (27.27%) Microservices
2 2 (18.18%) Agile
2 2 (18.18%) API Design
2 2 (18.18%) ArchiMate
2 2 (18.18%) Architectural Design
2 2 (18.18%) Domain-Driven Design
2 2 (18.18%) Problem-Solving
2 2 (18.18%) Roadmaps
2 2 (18.18%) Technical Leadership
2 2 (18.18%) TOGAF
2 2 (18.18%) Translating Business Requirements
3 1 (9.09%) Functional Testing
3 1 (9.09%) Non-Functional Testing
3 1 (9.09%) Requirements Gathering
3 1 (9.09%) Stakeholder Management
Programming Languages
1 1 (9.09%) Java
Quality Assurance & Compliance
1 3 (27.27%) PCI DSS
2 2 (18.18%) PSD2
2 2 (18.18%) SEPA
Vendors
1 1 (9.09%) Pegasus