What are TPS (Transaction Processing Systems)?

TPS, or Transaction Processing Systems, are information systems designed to handle large volumes of routine, recurring transactions efficiently and accurately. These systems collect, store, modify, and retrieve transactional data for organizations, such as processing sales, payroll, reservations, or inventory updates. TPS ensures data integrity, consistency, and security while supporting daily business operations. They are fundamental for businesses that require reliable and fast transaction processing to maintain smooth operations.