Question

What is the purpose of online transaction

Answer 1

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This is your answer

Online transactions helps us to save many things like paper which is used for making notes, time which is spend in transaction and counting. Online transaction is very easy and it can be done from any where using devices like smartphones, laptops etc which is easily available to all of us. It also helps in reducing corruption in countries like India.

Answer 2

Answer:

Explanation:

Online transaction processing systems (Advantages)

1.Easy and best solution for online shoppers.

These systems are most efficient and have excellent response times.

Very easy to use; as simple as fill a form and the rest will be taken care of by the web and database servers.

Online banking is completely based on online transaction processing systems.

Credit cards are also well-handled by these systems.

You can access anything on the web and choose to buy it because all financial transactions methods are supported by these systems.