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Transaction Processing System (TPS) is  major category of an information system.

What is Transaction Processing System ?

Every transaction that occurs inside the organisation is recorded and processed by this information processing system. These transactions cover gathering, retrieving, editing, and any other sets of operations that cause the retrieval of all transactions. An efficient, consistent, and highly dependable transaction processing system. Real-time processing systems are another name for transaction processing systems.

Batch processing and transaction processing are frequently contrasted. These two processing systems, which differ in terms of speed, method of processing, and event correctness, are fundamentally distinct from one another.

A batch process system and batch processing, where numerous requests are all processed simultaneously, are frequently contrasted with a transaction process system and transaction processing. While batch processing doesn't require user participation, the first demands user intervention. The outcomes of each transaction are not immediately visible in batch processing. Additionally, there is a delay while the numerous requests are sorted, saved, and ultimately carried out. The outcomes of each transaction are immediately available throughout transaction processing, and there is no wait. Errors may happen during the batch processing delay. Although errors can happen during transaction processing, they are uncommon, tolerated, and do not call for the system to be shut down.

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