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A Transaction Processing System (TPS) is an information system that collects, stores, modifies, and retrieves the data transactions of an enterprise. Transaction processing systems also attempt to provide predictable response times to requests, although this is not as critical as real-time systems.
Transaction processing guards against hardware and software errors that might leave a transaction partially completed. If the computer system crashes in the middle of a transaction, the transaction processing system guarantees that all operations in any uncommitted transactions are cancelled. Generally, transactions are issued concurrently.
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.
Transaction data; Transaction log; Transaction Processing Facility; Transaction processing system; Transaction time; Transaction Workflow Innovation Standards Team; Transactional memory; Transactional NTFS; Transactional Synchronization Extensions; Transactions per second; Tuxedo (software) Two-phase commit protocol; Two-phase locking
In the fields of databases and transaction processing (transaction management), a schedule (or history) of a system is an abstract model to describe the order of executions in a set of transactions running in the system.
The first online payment processing company [13] 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 ...
Transaction processing system is a subset of information systems, and in the telecommunications industry, forms an integral part of the management information system. TPS can be regarded as the link between the various network elements and platforms and the information management uses to drive the business.
Transaction processing, information processing that is divided into individual, indivisible operations Database transaction , a unit of work performed within a database management system Atomic transaction , a series of database operations such that either all occur, or nothing occurs