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Transaction Processing is a financial service that enables the secure and efficient exchange of financial data between two or more parties. It is used to facilitate the transfer of funds, payments, and other financial transactions. Transaction Processing is a critical component of the financial services industry, as it enables the secure and efficient exchange of financial data between two or more parties. It is used to facilitate the transfer of funds, payments, and other financial transactions.
Transaction Processing is used by banks, credit card companies, and other financial institutions to process payments, transfers, and other financial transactions. It is also used by businesses to process payments from customers, as well as to manage their accounts receivable. Transaction Processing is also used by governments to process taxes and other financial transactions.
Some of the companies in the Transaction Processing market include Visa, Mastercard, American Express, PayPal, and Square. Show Less Read more