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Importance of Transaction Processing System
A Transaction Processing System is a set of information that processes the data operation in a database
system that manages transaction programs. The technique of breaking down transactions utilizing a
simple and unified method is known as transaction processing.
A transaction plan operated by managing previously stored data. When a trouble happens in the
transaction process, the unfinished transaction must be rerun by the TPS. Even though the transaction
processing system is not restricted to application programs, it plays a very significant role when accessed
by numerous users at the same time. Users of transaction processing system may range from one at a
time, groups or thousands of users at the same time.
Transaction processing system traits
• A transaction processing system’s quick performance is fundamental as it verifies the time from
transaction input to the production output which must be a few seconds or less.
It should be dependable with low letdown rates and even when there is an inaccuracy during
processing, it should have a fast and correct recovery system.
It should show a stern adherence to data processing and ensure all transactions should be
carried out in the similar manner to lessen error occurrence.
• Must maintain the operations of the organizations especially if it is particular to the running of
operations, it should be both time and money-making by decreasing the number of times data
Benefits of the transaction processing system
It keeps a stable database and lessens risk of loss of user information in the incidence of
terminal or network failure.
• The use of transaction processing system in organizations is a vital feature in enhancing
customer service and satisfaction.
It is adaptable as it supports the use of online payment system in real time and enhances more
Established in 2002, AppStar Financial offers a range of transaction processing services, including debit,