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The bank receives and processes all impressions in a single batch. Credit Card Transactions (Manual) – A credit card impression is imprinted on a credit slip, which is then filled up by a sales clerk.After a check is cleared, money is withdrawn. It is necessary to establish if the individual has sufficient financial resources (which takes three days). They are placed into individuals’ bank accounts. Cheque Clearance – A written instruction to a bank directing that funds be transferred to a designated account.Similar to reservations systems (which maintain product, availability, usage, and maintenance information).īatch Transaction Processing System Examples
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The library’s lending system – Used to maintain track of borrowed things, which may be identified by the user’s card and the barcodes on the products.For example, after inputting the product number into a POS terminal, the right product pricing is returned. Point-of-sale (or POS) terminals – Used by retail enterprises to sell products and services, POS terminals lower the cost of bulk data processing by transforming data to a format that can be easily transmitted over a communication system.
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In such a case, the goods or service is kept until a fair response time.