Transaction information ()
Definition: Transaction information refers to the specific details related to a particular transaction or exchange of goods, services, or data between two or more parties. This information typically includes the identities of the parties involved, the time and date of the transaction, the items or services exchanged, and the terms of the transaction. In the context of information technology, transaction information often also includes data about the systems and processes used to facilitate the transaction, such as the software or platform used, the type of connection or network, and any security measures in place. This information is crucial for record-keeping, auditing, and troubleshooting purposes. Source: EIRA team Additional information: Transaction information refers to the detailed data or records related to a specific business event or operation. This information is crucial for the smooth functioning of any organization as it provides a clear and accurate record of all business activities. It includes details such as the date and time of the transaction, the parties involved, the nature of the transaction, the amount or value of the transaction, and any other relevant details. In the context of information systems, transaction information is used to update the system and keep track of all business activities. It is used to generate reports, make decisions, and ensure accountability and transparency in business operations. Transaction information is typically stored in databases and can be retrieved and analyzed as needed. In terms of data management, transaction information is subject to various regulations and standards to ensure its accuracy, integrity, and confidentiality. These regulations may include requirements for data protection, data retention, and data auditing. In the context of e-commerce, transaction information is crucial for processing online orders and payments. It includes customer information, payment details, and order details. This information is used to fulfill orders, process payments, and provide customer service. In the context of financial services, transaction information is used for various purposes such as processing payments, managing accounts, and complying with regulatory requirements. It includes details of financial transactions such as deposits, withdrawals, transfers, and payments. Overall, transaction information is a vital component of information management in any organization. It provides a detailed record of business activities, supports decision-making, and ensures accountability and transparency. Example: 1. E-Commerce: Transaction information is crucial in e-commerce platforms. It includes details about the buyer, seller, product, price, and date of transaction. This information is used to process orders, track sales, manage inventory, and generate financial reports. For instance, when a customer in Germany buys a book from an online store, the transaction information is used to ensure the book is shipped to the correct address and the payment is processed correctly. 2. Banking and Finance: In the banking sector, transaction information is used to process payments, transfers, and other financial activities. For example, when a customer in France transfers money to another account, the transaction information includes the sender's account number, receiver's account number, amount transferred, and date of transaction. This information is used to update the account balances and maintain a record of all transactions. 3. Supply Chain Management: Companies use transaction information to manage their supply chain. This includes details about orders, deliveries, and payments. For example, a manufacturer in Italy might use transaction information to track the delivery of raw materials from a supplier, ensuring that production schedules can be met. 4. Customer Relationship Management (CRM): Businesses use transaction information to understand their customers' purchasing habits and preferences. For instance, a retailer in Spain might analyze transaction information to identify trends, such as which products are most popular at different times of the year, and use this information to tailor marketing efforts. 5. Telecommunications: Telecom companies use transaction information to bill customers based on their usage of services. For example, a telecom company in the UK would use transaction information to calculate a customer's bill based on the number of calls made, text messages sent, and data used. 6. Public Transportation: Transaction information is used in public transportation to process payments and track usage. For example, when a commuter in Belgium uses a contactless card to pay for a train ride, the transaction information is used to deduct the correct fare from the commuter's account. LOST view: OV-Information Base Identifier: http://data.europa.eu/dr8/egovera/TransactionInformationBusinessObject EIRA traceability: eira:InformationBusinessObject ABB name: egovera:TransactionInformationBusinessObject EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/TransactionInformationBusinessObject dct:title: Transaction information Information
eira:PURIhttp://data.europa.eu/dr8/egovera/TransactionInformationBusinessObject
eira:ABBeira:InformationBusinessObject
dct:modified2023-07-27
dct:identifierhttp://data.europa.eu/dr8/egovera/TransactionInformationBusinessObject
dct:typeegovera:TransactionInformationBusinessObject
dct:titleTransaction information Information
eira:definitionSourceEIRA team
eira:definitionSourceReference
skos:example1. E-Commerce: Transaction information is crucial in e-commerce platforms. It includes details about the buyer, seller, product, price, and date of transaction. This information is used to process orders, track sales, manage inventory, and generate financial reports. For instance, when a customer in Germany buys a book from an online store, the transaction information is used to ensure the book is shipped to the correct address and the payment is processed correctly. 2. Banking and Finance: In the banking sector, transaction information is used to process payments, transfers, and other financial activities. For example, when a customer in France transfers money to another account, the transaction information includes the sender's account number, receiver's account number, amount transferred, and date of transaction. This information is used to update the account balances and maintain a record of all transactions. 3. Supply Chain Management: Companies use transaction information to manage their supply chain. This includes details about orders, deliveries, and payments. For example, a manufacturer in Italy might use transaction information to track the delivery of raw materials from a supplier, ensuring that production schedules can be met. 4. Customer Relationship Management (CRM): Businesses use transaction information to understand their customers' purchasing habits and preferences. For instance, a retailer in Spain might analyze transaction information to identify trends, such as which products are most popular at different times of the year, and use this information to tailor marketing efforts. 5. Telecommunications: Telecom companies use transaction information to bill customers based on their usage of services. For example, a telecom company in the UK would use transaction information to calculate a customer's bill based on the number of calls made, text messages sent, and data used. 6. Public Transportation: Transaction information is used in public transportation to process payments and track usage. For example, when a commuter in Belgium uses a contactless card to pay for a train ride, the transaction information is used to deduct the correct fare from the commuter's account.
eira:concepteira:ArchitectureBuildingBlock
skos:noteTransaction information refers to the detailed data or records related to a specific business event or operation. This information is crucial for the smooth functioning of any organization as it provides a clear and accurate record of all business activities. It includes details such as the date and time of the transaction, the parties involved, the nature of the transaction, the amount or value of the transaction, and any other relevant details. In the context of information systems, transaction information is used to update the system and keep track of all business activities. It is used to generate reports, make decisions, and ensure accountability and transparency in business operations. Transaction information is typically stored in databases and can be retrieved and analyzed as needed. In terms of data management, transaction information is subject to various regulations and standards to ensure its accuracy, integrity, and confidentiality. These regulations may include requirements for data protection, data retention, and data auditing. In the context of e-commerce, transaction information is crucial for processing online orders and payments. It includes customer information, payment details, and order details. This information is used to fulfill orders, process payments, and provide customer service. In the context of financial services, transaction information is used for various purposes such as processing payments, managing accounts, and complying with regulatory requirements. It includes details of financial transactions such as deposits, withdrawals, transfers, and payments. Overall, transaction information is a vital component of information management in any organization. It provides a detailed record of business activities, supports decision-making, and ensures accountability and transparency.
skos:definitionTransaction information refers to the specific details related to a particular transaction or exchange of goods, services, or data between two or more parties. This information typically includes the identities of the parties involved, the time and date of the transaction, the items or services exchanged, and the terms of the transaction. In the context of information technology, transaction information often also includes data about the systems and processes used to facilitate the transaction, such as the software or platform used, the type of connection or network, and any security measures in place. This information is crucial for record-keeping, auditing, and troubleshooting purposes.
eira:viewOV-Information Base