Most transaction processing systems also include a method of ensuring that all the information entered as a transaction is simultaneously saved.

What does transaction processing actually mean? Find out inside PCMag's comprehensive tech and computer-related encyclopedia.

Transaction processing is the unambiguous and independent execution of a set of operations on data in a relational database, which treats that set of actions as a single event. If any part of the ...

Transaction Processing Systems Transaction processing systems (TPS) meet the data collection, storage, processing and outputting functionalities for the core operations of a business.

Discover how lockbox banking streamlines payment processing, lowers costs, and speeds up collections for businesses, while ...

Today, government agencies have few options that allow them to seamlessly process payments. One industry leader is hoping to change that — one transaction at a time. Here’s how.

The Reserve Bank of Australia (RBA) is seeking to update its customer transaction processing and settlement system to manage the transactional activity of its 60 overseas customers for settlement ...

A business collects payment from a credit card transaction in a complex process involving the customer, the bank that issued the card and the merchant.

Shivansh Chandnani, along with his co-author Ajay Nagrale, explores the pivotal role of idempotency in payment systems in their recent analysis. This concept, rooted in mathematical set theory ...