In the operational level of an organization, transaction processing systems (TPS) are the basic business systems. You can think of order entry systems for sales, hotel reservation systems, payroll, ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

Discover how batch credit card processing can save costs with grouped transactions. Learn how it works, key benefits, and considerations for your business.

In today's dynamic business environment, driven by digital advancements, a company's ability to carry out financial transactions significantly impacts its success. Be it payroll or supplier payments, ...

Automated Clearing House, or ACH, payments power billions of transactions every year, yet many people don't fully understand how they work. Whether you're receiving a direct deposit from your employer ...

The Payment Services Regulations (PSR) approach will bring about a significant change for all the payment firms. Its aim is to proactively prevent Authorized Push Payment (APP) fraud from occurring.

Blockchain network congestion refers to a situation where the number of transactions exceeds the network’s capacity, resulting in processing delays. When there are more pending transactions than the ...

https://www.thehindubusinessline.com/money-and-banking/rbi-looks-to-mandate-domestic-processing-of-payment-transactions/article65542783.ece Copy The Reserve Bank of ...