Payments Architect Contracts in England

Payments Architect
UK > England

The median Payments Architect daily rate in England is £675 according to job vacancies posted during the 6 months to 29 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
29 May 2024
Same period 2023 Same period 2022
Rank 519 617 735
Rank change year-on-year +98 +118 -114
Contract jobs requiring a Payments Architect 18 20 28
As % of all contract jobs advertised in England 0.049% 0.042% 0.040%
As % of the Job Titles category 0.053% 0.044% 0.042%
Number of daily rates quoted 6 15 15
10th Percentile £531 £588 -
25th Percentile £638 £600 £500
Median daily rate (50th Percentile) £675 £725 £600
Median % change year-on-year -6.90% +20.83% -
75th Percentile £713 £806 £706
90th Percentile £732 £825 £762
UK median daily rate £650 £688 £650
% change year-on-year -5.45% +5.77% +8.33%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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 England with a recognized job title 34,105 44,948 67,278
% of contract IT jobs with a recognized job title 92.73% 94.59% 95.42%
Number of daily rates quoted 22,534 31,954 48,043
10th Percentile £285 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +6.91%
75th Percentile £638 £663 £650
90th Percentile £750 £763 £750
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +7.69%
Number of hourly rates quoted 2,538 1,319 1,809
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £20.00 £15.75
Median hourly rate £37.50 £45.00 £23.50
Median % change year-on-year -16.67% +91.49% +9.30%
75th Percentile £61.60 £65.75 £49.25
90th Percentile £73.75 £77.50 £65.00
UK median hourly rate £37.50 £45.00 £24.00
% change year-on-year -16.67% +87.50% +6.90%

Payments Architect
Job Vacancy Trend in England

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

Job vacancy trend for Payments Architect in England

Payments Architect
Contractor Daily Rate Trend in England

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

Daily rate trend for Payments Architect in England

Payments Architect
Daily Rate Histogram in England

Daily rate distribution for jobs citing Payments Architect in England over the 6 months to 29 May 2024.

Daily rate histogram for Payments Architect in England

Payments Architect
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payments Architect within the England region over the 6 months to 29 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +81 11 £675 -6.90% 1
North West - 5 £751 -
North of England - 5 £751 -
Midlands - 3 £425 -
West Midlands - 2 - -
East of England - 1 £675 -
East Midlands - 1 £425 -
Payments Architect
UK

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

For the 6 months to 29 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 England region featuring Payments Architect in the job title.

1 7 (38.89%) Banking
2 6 (33.33%) Architectural Design
3 5 (27.78%) Roadmaps
3 5 (27.78%) Finance
4 4 (22.22%) Retail
4 4 (22.22%) Enterprise Architecture
4 4 (22.22%) PCI DSS
4 4 (22.22%) Business Strategy
4 4 (22.22%) Microservices
5 3 (16.67%) API Integration
5 3 (16.67%) Social Skills
5 3 (16.67%) AWS
6 2 (11.11%) Domain-Driven Design
6 2 (11.11%) ArchiMate
6 2 (11.11%) Corporate Banking
6 2 (11.11%) TOGAF
6 2 (11.11%) PSD2
6 2 (11.11%) Digital Wallet
6 2 (11.11%) Problem-Solving
6 2 (11.11%) Technical Leadership
6 2 (11.11%) Translating Business Requirements
6 2 (11.11%) SEPA
6 2 (11.11%) Agile
6 2 (11.11%) API Design
6 2 (11.11%) Mobile Payment
7 1 (5.56%) Cybersecurity
7 1 (5.56%) Data Centre
7 1 (5.56%) Cloud Native
7 1 (5.56%) IT Strategy
7 1 (5.56%) Payment Gateway

Payments Architect Skill Set
Co-occurring Skills and Capabilities in England 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:

Business Applications
1 1 (5.56%) Payment Gateway
Cloud Services
1 3 (16.67%) AWS
2 1 (5.56%) Azure
2 1 (5.56%) SaaS
General
1 7 (38.89%) Banking
2 5 (27.78%) Finance
3 4 (22.22%) Retail
4 3 (16.67%) Social Skills
5 2 (11.11%) Corporate Banking
6 1 (5.56%) Back Office
6 1 (5.56%) Financial Institution
6 1 (5.56%) Front Office
Miscellaneous
1 2 (11.11%) Digital Wallet
1 2 (11.11%) Mobile Payment
2 1 (5.56%) Cloud Native
2 1 (5.56%) Data Centre
2 1 (5.56%) Foreign Exchange (FX)
2 1 (5.56%) Mainframe
Processes & Methodologies
1 6 (33.33%) Architectural Design
2 5 (27.78%) Roadmaps
3 4 (22.22%) Business Strategy
3 4 (22.22%) Enterprise Architecture
3 4 (22.22%) Microservices
4 3 (16.67%) API Integration
5 2 (11.11%) Agile
5 2 (11.11%) API Design
5 2 (11.11%) ArchiMate
5 2 (11.11%) Domain-Driven Design
5 2 (11.11%) Problem-Solving
5 2 (11.11%) Technical Leadership
5 2 (11.11%) TOGAF
5 2 (11.11%) Translating Business Requirements
6 1 (5.56%) Data Transformation
6 1 (5.56%) ETL
6 1 (5.56%) High Availability
6 1 (5.56%) Risk Management
6 1 (5.56%) Security Architecture
6 1 (5.56%) Stakeholder Management
Programming Languages
1 1 (5.56%) Java
Quality Assurance & Compliance
1 4 (22.22%) PCI DSS
2 2 (11.11%) PSD2
2 2 (11.11%) SEPA
3 1 (5.56%) ISO/IEC 27001
Vendors
1 1 (5.56%) Pegasus