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 ...

Credit card processing allows businesses to accept debit and credit card transactions, boosting sales and customer satisfaction in the process. Here’s how it works.

A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service ...

Until recently, only certain companies, such as high-frequency trading firms or digitally native companies like Facebook and Google, built their business models around extreme transaction ...

Here’s a question for finance leaders: Is transaction processing a key element of finance transformation? If I think back to the hundreds if not thousands of conversations I have had on the subject of ...

Discover how zero-floor limits protect against fraud by requiring transaction authorization, regardless of size. Learn how they work and see a real-world example.

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 ...