The phrases "point of sale" and "transaction processing system" represent two different, yet closely related concepts having to do with the sales function. Each term represents a distinct and vital ...

Transaction process is a term that refers to the adding, changing, deleting, or looking up of a record in a data file or database by entering the data at a terminal or workstation. Most transaction ...

Online transaction processing systems are purpose-built to handle large numbers of transactions by large numbers of concurrent users, while guaranteeing the integrity of the data. Online transaction ...

Payments are the financial instruments that people and corporate globally use to transfer funds. This helps corporate to mange Cash, DPO and DSO effectively and efficiently. Payments in itself are a ...

Successful organizations large and small leverage available technologies to manage business activities and assist in making decisions. They use information systems to collect data and process it ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...