Transaction System

A transaction system refers to a software or hardware system that facilitates the processing and management of financial transactions. It is designed to securely and efficiently handle various types of transactions, such as payments, transfers, and purchases. Transaction systems are commonly used in banking, e-commerce, and retail industries to ensure smooth and reliable transaction processing, while also maintaining data integrity and security. These systems often include features like real-time transaction monitoring, fraud detection, and integration with other financial systems.