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    Transaction Processing System: From Wikipedia, The Free Encyclopedia

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    Transaction processing systems monitor transaction programs to ensure data consistency and integrity. They rollback partially completed transactions if failures occur and detect/resolve deadlocks. The ACID test defines key properties for transaction processing systems around atomicity, consistency, isolation, and durability. Smart Transaction Systems integrated its gift card and loyalty programs with InvenTrak POS software from Specialty Retail One. This allows retailers using InvenTrak to process gift cards directly through their POS without extra equipment. The integration simplifies employee training and speeds up gift card purchases and usage in busy retail environments like sports and entertainment venues.

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    Transaction Processing System: From Wikipedia, The Free Encyclopedia

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    anon-352842
    60 views4 pages
    Transaction processing systems monitor transaction programs to ensure data consistency and integrity. They rollback partially completed transactions if failures occur and detect/resolve deadlocks. The ACID test defines key properties for transaction processing systems around atomicity, consistency, isolation, and durability. Smart Transaction Systems integrated its gift card and loyalty programs with InvenTrak POS software from Specialty Retail One. This allows retailers using InvenTrak to process gift cards directly through their POS without extra equipment. The integration simplifies employee training and speeds up gift card purchases and usage in busy retail environments like sports and entertainment venues.

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    Transaction processing systems monitor transaction programs to ensure data consistency and integrity. They rollback partially completed transactions if failures occur and detect/resolve deadlocks. The ACID test defines key properties for transaction processing systems around atomicity, consistency, isolation, and durability. Smart Transaction Systems integrated its gift card and loyalty programs with InvenTrak POS software from Specialty Retail One. This allows retailers using InvenTrak to process gift cards directly through their POS without extra equipment. The integration simplifies employee training and speeds up gift card purchases and usage in busy retail environments like sports and entertainment venues.

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    60 views4 pages

    Transaction Processing System: From Wikipedia, The Free Encyclopedia

    Uploaded by

    anon-352842
    Transaction processing systems monitor transaction programs to ensure data consistency and integrity. They rollback partially completed transactions if failures occur and detect/resolve deadlocks. The ACID test defines key properties for transaction processing systems around atomicity, consistency, isolation, and durability. Smart Transaction Systems integrated its gift card and loyalty programs with InvenTrak POS software from Specialty Retail One. This allows retailers using InvenTrak to process gift cards directly through their POS without extra equipment. The integration simplifies employee training and speeds up gift card purchases and usage in busy retail environments like sports and entertainment venues.

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    of 4

    Transaction processing system

    From Wikipedia, the free encyclopedia

    (Redirected from Transaction Processing System)


    Jump to: navigation, search

    A 'Transaction Processing SystemTo be considered a transaction processing system the


    computer must pass the ACID test.

    From a technical perspective, a Transaction Processing System (or Transaction


    Processing Monitor) monitors transaction programs, a special kind of programs. The
    essence of a transaction program is that it manages data that must be left in a consistent
    state. E.g. if an electronic payment is made, the amount must be either both withdrawn
    from one account and added to the other, or none at all. In case of a failure preventing
    transaction completion, the partially executed transaction must be 'rolled back' by the
    TPS. While this type of integrity must be provided also for batch transaction processing,
    it is particularly important for online processing: if e.g. an airline seat reservation system
    is accessed by multiple operators, after an empty seat inquiry, the seat reservation data
    must be locked until the reservation is made, otherwise another user may get the
    impression a seat is still free while it is actually being booked at the time. Without proper
    transaction monitoring, double bookings may occur. Other transaction monitor functions
    include deadlock detection and resolution (deadlocks may be inevitable in certain cases
    of cross-dependence on data), and transaction logging (in 'journals') for 'forward
    recovery' in case of massive failures.

    Transaction Processing is not limited to application programs. The 'journaled file system'
    provided with IBMs AIX Unix operating system employs similar techniques to maintain
    file system integrity, including a journal.

    Contents
    [hide]

    • 1 Types of Transaction Processing Systems


    o 1.1 Contrasted with batch processing
    • 2 Features of Transaction Processing Systems
    o 2.1 Rapid Response
    o 2.2 Reliability
    o 2.3 Inflexibility
    o 2.4 Controlled processing
    • 3 ACID Test Properties: First Definition
    o 3.1 Atomicity
    o 3.2 Consistency
    o 3.3 Isolation
    o 3.4 Durability
    • 4 Storing and Retrieving
    o 4.1 Databases and files
    o 4.2 Data Warehouse
    o 4.3 Backup Procedures
     4.3.1 Recovery Process
     4.3.2 Types of Back-up Procedures
     4.3.2.1 Grandfather-Father-Son
     4.3.2.2 Partial Backups
     4.3.3 Updating in a Batch
     4.3.4 Updating in Real-Time
    • 5 References

    • 6 See also

    Smart Transaction Systems Integrates Gift Card


    Software with New InvenTrak Point of Sale

    Smart Transaction Systems announces integration with


    the latest point-of-sale release from Specialty Retail One,
    InvenTrak POS. Now, merchants using InvenTrak can
    process gift cards with no extra equipment.

    Boulder, CO, May 17, 2008 -- Smart Transaction


    Systems (STS), a provider of gift card and customer
    loyalty programs for retailers, announced the
    integration of its programs with InvenTrak POS
    software, the most recent solution from Specialty
    Retail One (SROne). Designed specifically for fast-
    paced, high-volume retailers, InvenTrak combines a
    powerful POS with an extensive back office to deliver a unique
    solution.

    “InvenTrak is rapidly gaining popularity with our sports and


    entertainment retail clients that can benefit from innovative
    solutions like wireless POS networks and remote inventory
    management. We're delighted to be able to offer customers a
    fully integrated gift card solution that works with their existing
    POS systems,” Ray Clopton, president of Smart Transaction
    Systems, said. “We see great potential for multi-application
    stored value cards in this market. With our solution, season
    tickets can store a cash value as well as earn reward points with
    purchases in stores and online.”

    With STS gift card integration, retailers using InvenTrak can now
    process gift cards directly through their POS systems. This
    simplifies employee training and maximizes the speed and
    convenience of purchasing and using gift cards in busy sports and
    entertainment venues.

    InvenTrak's success is largely due to the special features


    designed specifically for a chaotic, fast-paced retail environment.
    It's impossible to reschedule a game or stop a show, so there is
    no making up for lost time if the network goes down. InvenTrak
    can operate offline, ensuring nearly zero down time. Once the
    network is back online, all transactions and inventory changes
    are instantly communicated to the back office.

    “SROne's experience in the industry has shown us that you can't


    assume two or three products will serve every merchant's needs.
    InvenTrak provides the specialty retail industry with a more
    convenient, customized solution, in tune with their specific
    needs,” Kevin Colaco, President of SROne, said. “Our partnership
    with STS gives our customers the ability to process gift cards
    efficiently, right at the POS without any additional training, which
    is critical to retailers in our industry.”

    For more information about the STS gift and loyalty card
    programs for the sports and entertainment industry, contact STS
    at 888-494-9760 or visit www.smarttransactions.com.

    About Specialty Retail One


    Specialty Retail One is a rapidly growing company due to its
    ability to provide merchants with unique POS solutions. Retailers
    have been quick to adopt InvenTrak, not only because of its easy
    installation and intuitive POS interface, but also because of its
    exceptional, web-based back office. Using the back office, which
    is connected to all POS through a central administration server
    (CAS), retailers have access to extensive reporting, inventory
    tracking, employee productivity, cash balances at all registers,
    and can modify prices remotely. All POS across multiple locations
    will see the changes instantly.

    About Smart Transactions


    Founded in 1998, Smart Transaction Systems provides card-based
    payment systems, customer loyalty and customer relationship
    management (CRM) programs to a wide variety of companies. For
    small to medium-sized businesses, Smart Transaction Systems
    provides hosted gift card and loyalty programs that are reliable,
    easy to use, and affordable. For larger organizations, the
    company provides powerful transaction processing systems that
    allow these organizations to bring gift, loyalty, and private label
    credit card programs in-house so they can gain maximum control
    of these programs. Smart Transaction Systems has operations in
    Boulder, Colorado, Lodi, Wisconsin, St. Louis, Missouri and Oslo,
    Norway.

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