Transaction processing system (TPS):

Transaction processing systems are information system that processes data resulting from the occurrence of business transactions. Transactions are events that occur as part of doing business, such as sales, purchases, deposits, withdrawals, refunds and payments etc. Example: The data generated whenever a business sells something to a customer on credit.

Transaction processing system Networks uses for organizations in Bangladesh:

Many firms are using the Internet, extranet and other networks that tie them electronically to their customers or suppliers for real time or online transaction processing system, which capture and process transactions immediately. It helps them to provide superior service to customers and other trading partners with update processed data. From the diagram we can see the company A from Dhaka & their franchise B in Chittagong directing their transaction processes over various electronic media.as, Cable Network, Phone system, Communication server, Web server, Internet, Extranet etc. Transaction processing chart

In the diagram company A communicate their transaction processing system to B firstly over phone through interactive voice response system using middleware & with some other communication & web servers which connected to internet & electric cable media. Secondly, A also can communicate with using direct video servers & host which direct connected with middleware by communication servers & with other communication & web servers which connected with franchise B by its own host & video servers. If there occur any kind of business transaction & update in Dhaka then its users input & transcend processing data to the end user in Chittagong by this way.

Now a days much organization using TPS for real-time updating of business transaction as, Banks, Insurance, telecommunication industries, News & online media, Sports, hospitals, Airlines & travels agencies etc. For example, when a cash withdrawal request is made at an ATM machine, the machine first authorizes the user credentials and balance inquiry/status from the back end banking systems. Once the information is received, the ATM machine processes the user request or overall transaction. Moreover, a TPS can accept, reject or halt a transaction based on environmental variables.

References:
Management Information System (James A. OBrien), Class notes, Google.com http://www.techopedia.com/definition/464/transaction-processing https://www.google.com.bd/search?q=picture+of+transaction+processing+system&hl=bn&client=firefox-beta&hs=b7J&rls=org.mozilla:enUS:official&tbm=isch&tbo=u&source=univ&sa=X&ei=KLxgUZWEAousrAeIvIGwCA&ved=0CCkQsAQ&biw=1280&bih=854