BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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online analytics processing
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online transaction processing
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Web analytics
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Queries
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Detailed explanation-1: -It’s encrypted via a payment gateway and sent to the payment processor. The sale is authorized. The transaction is approved by the customer’s card issuer, bank or digital wallet. Funds are sent to the merchant bank, less the payment processing fees.
Detailed explanation-2: -Examples of OLTP systems and transactions ATMs, financial transaction systems and online banking applications; online bookings, ticketing and reservation systems; and. recordkeeping applications, such as health records, inventory control and production scheduling.
Detailed explanation-3: -Real-time processing is a method to process transactions as they appear.
Detailed explanation-4: -What is OLTP? OLTP (Online Transactional Processing) is a type of data processing that executes transaction-focused tasks. It involves inserting, deleting, or updating small quantities of database data. It is often used for financial transactions, order entry, retail sales and CRM.