Transaction processing systems (TPS) are crucial for finance, banking, and e-commerce organizations. TPS collect, store, modify, and retrieve transaction data. Transactions must pass the ACID test, ensuring atomicity, consistency, isolation, and durability. Examples of TPS include point-of-sale systems, credit card processing, and hotel reservations. TPS must process transactions rapidly and reliably while maintaining standardized and controlled processing.
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TPS Characteristics
1. IPT Y12 Option Topic Transaction Processing Systems
2. Saturday, 26 September 2009 Characteristics of TPS Transaction processing systems are crucial to the operation of most finance, banking and electronic commerce organisations. Transaction processing is primarily concerned with maintaining data integrity. Such systems can operate at the single database level, but they also operate at higher levels where data in many databases and even many different systems is involved. For example transferring funds from one financial institution to another. So what is a transaction? A transaction is a series of events that when performed together complete some unit of work that is important to an organisation. Each transaction has two possible outcomes, either it is a complete success or it is a complete failure .
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Editor's Notes
Should a transaction fail or be aborted: The effects of all operations that make up the transaction should be cancelled. Data should be returned to its previous state