Online Transaction Processing - Steps, Stages, and Security (2024)

Emerging Modes of Business

Online transaction is a payment method in which the transfer of fund or money happens online over electronic fund transfer. Online transaction process (OLTP) is secure and password protected. Three steps involved in the online transaction are Registration, Placing an order, and, Payment. Let us learn more about the different stages of Online Transaction in detail.

Suggested Video

').appendTo(this.scroller));n2const.rtl.isRtl?(this.previous=this.$widget.find(".nextend-thumbnail-next").on("click",this.previousPane.bind(this)),this.next=this.$widget.find(".nextend-thumbnail-previous").on("click",this.nextPane.bind(this))):(this.previous=this.$widget.find(".nextend-thumbnail-previous").on("click",this.previousPane.bind(this)),this.next=this.$widget.find(".nextend-thumbnail-next").on("click",this.nextPane.bind(this))),this.slider.stages.done("BeforeShow",this.onBeforeShow.bind(this)),this.slider.stages.done("WidgetsReady",this.onWidgetsReady.bind(this))},t.prototype.renderThumbnails=function(){var t;this.parameters.invertGroupDirection&&(t=Math.ceil(this.slider.visibleRealSlides.length/this.group));for(var i=0;i

');if(this.parameters.invertGroupDirection?s.appendTo(this.$groups.eq(Math.floor(i/t))):s.appendTo(this.$groups.eq(i%this.group)),s.data("slide",e),e.$thumbnail=s,this.parameters.thumbnail!==c){var h=e.getThumbnailType(),n=p[h]!==c?p[h]:"";d('

'+n+"

").css("background-image","url('"+e.getThumbnail()+"')").appendTo(s)}if(this.parameters.caption!==c){var r=d('');switch(this.parameters.caption.placement){case"before":r.prependTo(s);break;default:r.appendTo(s)}if(this.parameters.title!==c&&r.append('

'+e.getTitle()+"

"),this.parameters.description!==c){var o=e.getDescription();o&&r.append('

'+o+"

")}}}var a="universalclick",l="onDotClick";"mouseenter"===this.parameters.action?(a="universalenter",l="onDotHover"):this.slider.hasTouch()&&(a="n2click"),this.dots=this.scroller.find(".nextend-thumbnail-scroller-group > div").on(a,this[l].bind(this)),this.images=this.dots.find(".n2-ss-thumb-image")},t.prototype.onTap=function(t){i||(d(t.target).trigger("n2click"),i=!0,setTimeout(function(){i=!1},500))},t.prototype.onBeforeShow=function(){var t=!1;switch(this.parameters.area){case 5:t="left";break;case 8:t="right"}t&&(this.offset=parseFloat(this.$widget.data("offset")),this.slider.responsive.addHorizontalSpacingControl(t,this)),this.renderThumbnails(),this.slider.hasTouch()&&(N2Classes.EventBurrito(this.$widget.get(0),{mouse:!0,axis:"x",start:function(){this.bar.width();this._touch={start:parseInt(this.scroller.css(n2const.rtl.left)),max:0},this.getScrollerWidth()this._touch.start?this.previousPane():this.nextPane(),Math.abs(e.x)<10&&Math.abs(e.y)<10?this.onTap(t):nextend.preventClick(),delete this._touch}.bind(this)}),this.slider.parameters.controls.drag||this.$widget.on("click",this.onTap.bind(this))),this.widthPercent=this.$widget.data("width-percent"),this.thumbnailDimension={widthLocal:this.dots.width(),width:this.dots.outerWidth(!0),height:this.dots.outerHeight(!0),widthBorder:parseInt(this.dots.css("borderLeftWidth"))+parseInt(this.dots.css("borderRightWidth"))+parseInt(this.dots.css("paddingLeft"))+parseInt(this.dots.css("paddingRight")),heightBorder:parseInt(this.dots.css("borderTopWidth"))+parseInt(this.dots.css("borderBottomWidth"))+parseInt(this.dots.css("paddingTop"))+parseInt(this.dots.css("paddingBottom"))},this.thumbnailDimension.widthMargin=this.thumbnailDimension.width-this.dots.outerWidth(),this.thumbnailDimension.heightMargin=this.thumbnailDimension.height-this.dots.outerHeight(),this.imageDimension={width:this.images.outerWidth(!0),height:this.images.outerHeight(!0)},this.sideDimension=.25*this.thumbnailDimension.width,this.scroller.height(this.thumbnailDimension.height*this.ratio*this.group+"px"),this.bar.height(this.scroller.outerHeight(!0)+"px"),this.horizontalSpacing=this.bar.outerWidth()-this.bar.width(),this.slider.sliderElement.on({SlideWillChange:this.onSlideSwitch.bind(this),visibleRealSlidesChanged:this.onVisibleRealSlidesChanged.bind(this)})},t.prototype.onWidgetsReady=function(){this.activateDots(this.slider.currentSlide.index),this.slider.sliderElement.on("SliderResize",this.onSliderResize.bind(this)),this.onSliderResize()},t.prototype.filterSliderVerticalCSS=function(t){};var e=!(t.prototype.onSliderResize=function(){if(this.slider.visibleRealSlides.length){if(this.lastScrollerWidth!==this.getScrollerWidth()){var t,i=1,e=this.getScrollerWidth(),s=e-2*this.sideDimension;if((t=e/this.thumbnailDimension.width)=t&&(this.localSideDimension=.1*e,i=(s=e-2*this.localSideDimension)/(this.parameters.minimumThumbnailCount*this.thumbnailDimension.width),t=s/(this.thumbnailDimension.width*i),(t=e/(this.thumbnailDimension.width*i))e;e++)i[e].$thumbnail.addClass("n2-active")},t.prototype.resetPane=function(){this.goToDot(this.currentI)},t.prototype.previousPane=function(){this.goToDot(this.currentI-this.itemsPerPane*this.group)},t.prototype.nextPane=function(){this.goToDot(this.currentI+this.itemsPerPane*this.group)},t.prototype.getPaneByIndex=function(t){return t=Math.max(0,Math.min(this.dots.length-1,t)),this.parameters.invertGroupDirection?Math.floor(t%Math.ceil(this.dots.length/this.group)/this.itemsPerPane):Math.floor(t/this.group/this.itemsPerPane)},t.prototype.getScrollerTargetLeft=function(t){this.lastScrollerWidth=this.getScrollerWidth();var i=0;t===Math.floor((this.dots.length-1)/this.group/this.itemsPerPane)?(i=-t*this.itemsPerPane*this.thumbnailDimension.width*this.ratio,0===t?this.previous.removeClass("n2-active"):this.previous.addClass("n2-active"),this.next.removeClass("n2-active")):(0

Online transaction processing(OLTP) isinformation systemsthat facilitate and manage transaction-oriented applications, typically for data entry and retrievaltransaction processing. So online transaction is done with the help of the internet. It can’t take place without a proper internet connection.

Online transactions occur when a process of buying and selling takes place through the internet. When a consumer purchases a product or a service online, he/she pays for it through online transaction. Let’s find out more about it.

The buyer then has to select the payment option, he/she has various payment options. These payment pages are secured with very high-level encryptions so that the personal financial information that you enter (bank/card details) stay completely secure. Some ways in which you can make this payment are:

Sol. The correct answer is the option ”D”.E-commerce is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Q.In which of the following, personal digital assistants (PDAs) are used for buying and selling of goods and services?

Sol.The correct answer is the option ”B”.M-commerce (Mobile Commerce) is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal digital assistants (PDAs)