Transactions Terminology
Transactions are any action that has a monetary implication or transfer information from one media to another. The most commonly thought of transactions are the use of credit or debit cards through a card reader of some type. Card readers are also widely used for hotel door locks or access control devices. Another of the most common is a currency transaction via vending, slot machines, or self-checkout kiosk where a bill acceptor takes currency or a currency detector tabulates quantity. Many printers are transaction devices such as cashless ticket printers in the gaming industry.
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