transaction processing systems

A transaction processing system (TPS) is a computerized system that manages and records everyday business transactions, such as sales, payments, or bookings. Its main goal is to ensure that all transactions are processed accurately, efficiently, and securely, often in real-time. These systems handle large volumes of data, updating records instantly and maintaining consistency across the organization. Examples include cash registers, online banking, and order management systems. Essentially, TPS helps businesses run smoothly by reliably capturing, processing, and storing critical operational data.