Payments Architect Contracts with Work from Home Options

Payments Architect
UK > Work from Home

The median Payments Architect daily rate in Work from Home is £625 according to job vacancies posted during the 6 months to 9 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
9 May 2024
Same period 2023 Same period 2022
Rank 330 448 592
Rank change year-on-year +118 +144 -125
Contract jobs requiring a Payments Architect 11 20 23
As % of all contract jobs with a WFH option 0.073% 0.080% 0.052%
As % of the Job Titles category 0.078% 0.084% 0.055%
Number of daily rates quoted 5 17 13
10th Percentile - £538 -
25th Percentile £550 £588 -
Median daily rate (50th Percentile) £625 £700 £500
Median % change year-on-year -10.71% +40.00% -19.19%
75th Percentile £650 £738 £700
90th Percentile £688 £753 £710
UK median daily rate £675 £725 £613
% change year-on-year -6.90% +18.37% +2.08%

All Contract IT Job Vacancies
Work from Home

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. 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 Work from Home with a recognized job title 14,102 23,924 42,008
% of contract IT jobs with a recognized job title 93.55% 95.36% 95.76%
Number of daily rates quoted 9,465 16,894 30,368
10th Percentile £325 £360 £356
25th Percentile £425 £445 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £719
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 574 548 593
10th Percentile £14.27 £17.50 £13.27
25th Percentile £23.37 £25.71 £18.76
Median hourly rate £44.87 £54.00 £35.00
Median % change year-on-year -16.91% +54.29% +42.86%
75th Percentile £63.75 £68.75 £55.00
90th Percentile £75.25 £80.25 £66.00
UK median hourly rate £36.65 £45.00 £23.91
% change year-on-year -18.56% +88.21% +6.27%

Payments Architect
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Payments Architect in the job title as a proportion of all IT jobs advertised.

Payments Architect trend for jobs with a WFH option

Payments Architect
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Payments Architect.

Payments Architect daily rate for jobs with a WFH option

Payments Architect Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 9 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 jobs with a WFH option featuring Payments Architect in the job title.

1 7 (63.64%) Banking
2 4 (36.36%) PCI DSS
2 4 (36.36%) Microservices
2 4 (36.36%) API Design
2 4 (36.36%) Digital Wallet
3 3 (27.27%) Architectural Design
3 3 (27.27%) Roadmaps
3 3 (27.27%) API Integration
3 3 (27.27%) Stakeholder Management
3 3 (27.27%) Data Protection
4 2 (18.18%) Machine Learning
4 2 (18.18%) Mobile Payment
4 2 (18.18%) Waterfall
4 2 (18.18%) Agile
4 2 (18.18%) Kanban
4 2 (18.18%) RESTful
4 2 (18.18%) Azure
4 2 (18.18%) E-Commerce
4 2 (18.18%) B2B
4 2 (18.18%) Enterprise Architecture
4 2 (18.18%) Finance
4 2 (18.18%) Payment Gateway
4 2 (18.18%) DevOps
4 2 (18.18%) PayPal
4 2 (18.18%) Performance Optimisation
4 2 (18.18%) Contactless
4 2 (18.18%) Fraud Detection
4 2 (18.18%) Azure DevOps
4 2 (18.18%) Regulatory Compliance
4 2 (18.18%) Data Encryption

Payments Architect Skill Set
Co-occurring Skills and Capabilities with WFH Options 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 2 (18.18%) Payment Gateway
Cloud Services
1 2 (18.18%) Azure
1 2 (18.18%) Azure DevOps
1 2 (18.18%) Stripe
2 1 (9.09%) AWS
2 1 (9.09%) SaaS
Database & Business Intelligence
1 1 (9.09%) NoSQL
General
1 7 (63.64%) Banking
2 2 (18.18%) Finance
3 1 (9.09%) Back Office
3 1 (9.09%) Corporate Banking
3 1 (9.09%) Financial Institution
3 1 (9.09%) Front Office
3 1 (9.09%) Social Skills
Libraries, Frameworks & Software Standards
1 2 (18.18%) FIDO
1 2 (18.18%) RESTful
Miscellaneous
1 4 (36.36%) Digital Wallet
2 2 (18.18%) Contactless
2 2 (18.18%) Mobile Payment
3 1 (9.09%) Cloud Native
3 1 (9.09%) Data Structures
3 1 (9.09%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (36.36%) API Design
1 4 (36.36%) Microservices
2 3 (27.27%) API Integration
2 3 (27.27%) Architectural Design
2 3 (27.27%) Data Protection
2 3 (27.27%) Roadmaps
2 3 (27.27%) Stakeholder Management
3 2 (18.18%) Agile
3 2 (18.18%) B2B
3 2 (18.18%) Business Strategy
3 2 (18.18%) Customer Experience
3 2 (18.18%) Data Encryption
3 2 (18.18%) Digital Banking
3 2 (18.18%) E-Commerce
3 2 (18.18%) Enterprise Architecture
3 2 (18.18%) Kanban
3 2 (18.18%) Machine Learning
3 2 (18.18%) Regulatory Compliance
3 2 (18.18%) Technical Leadership
3 2 (18.18%) Waterfall
Programming Languages
1 1 (9.09%) Java
Quality Assurance & Compliance
1 4 (36.36%) PCI DSS
2 2 (18.18%) GDPR
2 2 (18.18%) PSD2
3 1 (9.09%) ISO/IEC 27001
Vendors
1 2 (18.18%) PayPal
2 1 (9.09%) Splunk