Components of a Transaction Processing System

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Need more help with your HSC study? Check out my new digital study guides here: • https://www.maximumeducation.com.au • A transaction processing system is an information system that collects, stores, modifies and retrieves transactions of an organisation. A transaction processing system’s purpose may be to purchase an item, to process an invoice, to bulk bill a number of individuals or to reserve an item or service. Transaction processing systems need to support users in recording and tracking transactions which take place with external sources. • A transaction processing system is made of the same components as any information system. We will take a look at these components in the context of a transaction processing system.

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