In addition to collecting transaction-related data, TPS processes stored information. Systems for processing orders, storing employee records, and managing hotel reservations are some examples. A ...

Transaction processing systems (TPS) meet the data collection ... then generate outputs based on the data collected. An example of TPS system could be an online air ticket booking system.

Most transaction processing systems also include a method of ensuring ... the process is known as batch processing. Different examples of transaction processing include automated teller machines ...

A small business processes transactions that result from day-to-day business operations, such as the creation of paychecks and purchase orders, using a transaction processing system, or TPS.