WHAT IS TRANSACTION PROCESSING SYSTEM?
- TPS is a system which collects and controls information and data about transactions which happens in a system.
- It controls the day to day transactions in an organization.
- TPS has high volumes of inputs and outputs.
- It is a basic busines system.
- There are two types of TPS;
- Batch Processing.
- Real Time processing.
WHAT IS BATCH PROCESSING?
Batch processing is where all the data and information are collected and processed later on as batch or a whole.
E.g; Paying as a cheque.
WHAT IS REAL TIME PROCESSING?
Real time processing is where data and information are processed at that particular time when the transaction occurs.E.g; ATM (Automatic Teller Machine)