Which of the following is NOT a goal of transaction processing system?
Which of the following is NOT a goal of transaction processing system?
The correct option is D Produce a variety of documents related to routine business activities
Capture, process and store transactions
is NOT a goal of transaction processing system.
capture or authorization capture takes
place after a payment authorization. It's when the authorized money is
transferred from the customer's account to a merchant's account. So, in short,
the transaction amount doesn't reach the merchant account until the funds are
captured.
They also ensure fast response time and
high transaction throughput. System administration functions. Transaction
processing systems provide administrative support that lets users configure,
monitor, and manage their transaction systems. Application development
functions.
A capture transaction is designed to
refer back to a previously processed Preauthorization transaction. The capture
transaction will appear on the cardholder's statement. Once a capture
transaction is processed, the transaction proceeds will be settled into the
merchant's bank account following batch close.
Capture, process and store transactions is NOT a goal of transaction processing system.
capture or authorization capture takes place after a payment authorization. It's when the authorized money is transferred from the customer's account to a merchant's account. So, in short, the transaction amount doesn't reach the merchant account until the funds are captured.
They also ensure fast response time and high transaction throughput. System administration functions. Transaction processing systems provide administrative support that lets users configure, monitor, and manage their transaction systems. Application development functions.
A capture transaction is designed to refer back to a previously processed Preauthorization transaction. The capture transaction will appear on the cardholder's statement. Once a capture transaction is processed, the transaction proceeds will be settled into the merchant's bank account following batch close.
