What is another word for online transaction processing?
Pronunciation: [ˈɒnla͡ɪn tɹansˈakʃən pɹˈə͡ʊsɛsɪŋ] (IPA) 
Online Transaction Processing (OLTP) is a crucial aspect of modern business operations. This concept refers to the real-time processing of transactions made through the internet or digital devices. Other synonyms for OLTP are real-time transaction processing, electronic data interchange, electronic funds transfer, and digital payment processing. These terms are all used interchangeably to describe the same process of conducting business over the internet. OLTP is a swift and safe way to transfer money, buy goods online, and conduct other financial transactions without the need for any physical interaction. It has become a fundamental part of e-commerce and has transformed the way we do business in the modern world.
