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An OLTP system is an accessible data processing system in today's enterprises. Some examples of OLTP systems include order entry, retail sales, and financial transaction systems. [5] Online transaction processing systems increasingly require support for transactions that span a network and may include more than one company.
The term extreme transaction processing (XTP) was used to describe transaction processing systems with uncommonly challenging requirements, particularly throughput requirements (transactions per second). Such systems may be implemented via distributed or cluster style architectures. It was used at least by 2011. [2] [3]
A transaction manager designed for rapid, high-volume online processing, CICS originally used standard system datasets, but now has a connection to the IBM Db2 relational database system. Runs on OS/360 and successors and DOS/360 and successors , IBM AIX , VM , and OS/2 .
Operational database management systems (also referred to as OLTP databases or online transaction processing databases), are used to update data in real-time. These types of databases allow users to do more than simply view archived data.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
The first online payment processing company [14] was founded in 1998, first under the name Confinity, which was later changed to X.com, changing again to its current name, PayPal, in 2001. The market continued to expand over the following two decades, branching out into a full payment processing ecosystem that includes card companies, digital ...
CICS family products are designed as middleware and support rapid, high-volume online transaction processing. A CICS transaction is a unit of processing initiated by a single request that may affect one or more objects. [2] This processing is usually interactive (screen-oriented), but background transactions are possible.
Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC/RFID enabled device.
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