It also uses a Transaction Processing System (TPS) to process sales and orders. A restaurant transaction processing system which employs low-cost cordless phone transceivers to transmit orders.The purpose of this assignment is to deepen your understanding of Transaction Processing Systems (TPS) and their critical role in the operations of businesses. The TPS system can be implemented only when if all the 4 software engineers and designers stay with each other for completing the task. The main purpose of TPSs is to process, in real-time, a company's business transactions and to support the functionality of the business. Systems that allow methods of exchanging money for goods and services to operate more efficiently are called ___. Transaction processing systems. Transaction processing systems (TPS) are computer systems that are tailored to process routine transactions require to conduct business. Transaction processing is information processing in computer science that is divided into individual, indivisible operations called transactions. A transaction processing system is basically a system that manages or processes the transactions that are happening on a day-to-day basis.