Transaction Processing is the systematic handling of individual business exchanges, such as purchases, redemptions, or claim submissions, in real-time or in batch form. It ensures that each transaction is captured, validated, and recorded accurately within a digital system, enabling consistent and traceable operations across programs.
This involves:
- Collecting transaction data through digital forms, portals, or system integrations
- Verifying submitted information against program rules or eligibility criteria
- Recording and storing approved transactions for reward issuance, reporting, or auditing
In practice, organizations rely on transaction processing to maintain the integrity of performance-based programs, automate workflows, and deliver timely results. Transaction processing is vital not only for reducing manual labor and errors but also for building trust through transparent and reliable systems. It supports smarter incentive delivery, improves operational control, and helps businesses scale engagement strategies with precision and efficiency.
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