Transaction processing system

By - Pooja jain Borna roy Freny cherry francis Latika gupta Urvashi agrawal Prerona medhi Amita singh

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Transaction processing system

A transaction processing system is a type of information system that collect stores and modifies and retrieves the data transactions of an enterprise The success of commercial enterprises depends on reliable processing of transactions to ensure that customer orders are met on time. The field of transaction processing therefore has become a vital part of effective business management.

What is a transaction?
It is a situation when something happens or nothing happens In sequential form, with appropriate steps Either the process starts and ends or it comes to the original point Either transaction must succeed or the whole effect must be undone.

Example : A Bank Transaction

Debit transaction: Step 1 : account number Step 2 : withdrawal Step 3 : end transaction Credit transaction: Step 1 : account number Step 2 : deposit Step 3 : end transaction

Debit transaction Transaction takes place

Credit transaction Addition or subtracti on Final entry in your account

Features of transaction processing system

Rapid response: fast performance with rapid result Reliability: well designed backup and recovery with low
failure rate.

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Inflexibility: treat every transaction equally. It may be used

many times each day which means it has to be precise and inflexible.

Control processing: maintains specific requirements for the

roles and responsibilities of different employees.

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Qualifiers
In order to qualify as a tps, transactions made by the system must pass the ACID test:

1. Atomicity: a transaction changes to the state are atomic; either all

happen or non happen. These changes include database changes, messages and actions on transducers.

2. Consistency: tps system set up within a set of operating rules( or

integrating constraints). The actions taken as a group do not violate any of the integrity constraints associated with the state.

3. Isolation: even though transactions execute concurrently it appears

to each transaction T , that others executed either before T or after T but not both.

4. Durability: once a transaction completes succesfully(commits

exchanges to the state survive failures.

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Types of TPS
1. Batch processing system: is where the information is
collected as a batch then process later on example: paying by cheque .

2. Real time processing: is where all details of the transactions

are recorded and changed the time as it occurs. Example: ATMs

We want to complain... But whom to complain... How to get back the money that has been spent..

EBay introduces PayPal and Skype

Secured and convenient source , easy to access Maintains a separate data about every transaction

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Case study : voxeo and chrysalis put payment transaction processing company incharge

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Customer requirements

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Solution

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Results

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