Meaning of “transaction processing” in the English Dictionary

"transaction processing" in Business English

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transaction processingnoun [ U ]

uk us

IT the use of a computer system to organize transactions (= actions that change information) in a database

COMMERCE the system used by a company to deal with its sales:

The Service Business Division is responsible for the group's transaction processing and information technology businesses.

(Definition of “transaction processing” from the Cambridge Business English Dictionary © Cambridge University Press)