Do You Have Any Detailed Note On Transaction Processing System (TPS)?


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Aarti Gupta Profile
Aarti Gupta answered
Definition: A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise
Features of Transaction Processing Systems

The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer orders are met on time, and that partners and suppliers are paid and can make payment. The field of transaction processing, therefore, has become a vital part of effective business management, led by such organisations as the Association for Work Process Improvement and the Transaction Processing Performance Council.

Transaction processing systems offer enterprises the means to rapidly process transactions to ensure the smooth flow of data and the progression of processes throughout the enterprise. Typically, a TPS will exhibit the following characteristics:
Rapid Processing
Controlled Access

Transactions Processing Qualifiers

Anonymous Profile
Anonymous answered
Transaction Processing System is a system that is aimed to monitor the transact program and it manages the data that is supposed to be left in a consistent state. You can take an example of the electronic payment. For complete details click: Transaction Processing System

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