What is real-time transaction processing?
An example of an AI chatbot conversation about real-time transaction processing.
What is real-time transaction processing?
Real-time transaction processing refers to the immediate processing of transactions as they occur, ensuring instant updates.
How does it differ from batch processing?
Unlike batch processing, which collects transactions and processes them at scheduled intervals, real-time processing handles each transaction individually and instantly.
What are the benefits of using real-time transaction processing?
Benefits include improved customer experience, immediate data availability, and enhanced decision-making capabilities.
Can you give me examples of industries that use this?
Sure! Industries like banking, e-commerce, and telecommunications commonly use real-time transaction processing.
What technologies enable real-time transaction processing?
Technologies such as cloud computing, APIs, and advanced database systems enable real-time transaction processing.
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