From Latin transactio, transaction is a term defined by the dictionary of the Royal Spanish Academy (RAE) as the action and effect of compromise (Voluntarily agree with another party some litigious point to share the dispute dispute, consent to end with a dispute).
For the economy , the finance or the Commerce , a transaction is a purchase and sale operation . When someone sells a product to a buyer, they are carrying out a transaction. Returning to the original definition of the term, it can be said that the seller agrees to deliver the product to the buyer and he agrees to give money to the seller as compensation.
For example: “I have to travel to Brazil to close a transaction with a cosmetics company”, “I was about to sell my car, but the transaction fell at the last minute”, "The African striker's transaction could not be completed since the club did not get the money for financing".
In the field of right, a transaction is a bilateral legal act which consists in the extinction of litigious or doubtful obligations through reciprocal concessions made by the parties.
The computing appeals to the concept to name the interaction with a complex data structure , where processes must be applied one after the other in a manner similar to an atomic interaction.
For the psychology Finally, the transactions are exchanges of stimuli and responses that people have each other and their ego states. According to the social and psychological level in which they are carried out, transactions can be classified as simple or complex.
Online transactions
The scenario of virtual transactions may seem typical of a distant future only two decades ago, but at present it is not normal to meet someone who has not made at least one purchase for Internet. Similarly, more and more merchants are taking advantage of online sales to lower costs.
The basis of these transactions are the systems electronic payment, among which is the popular PayPal. It is an American company founded in 1999. Like any company that moves millions, it has many followers but also detractors; stories of alleged fraud, of mistreatment of clients and unjustified complaints often arise.
But the truth is that this company has positively changed the lives of countless people in many parts of the world, allowing them to start their own business without investing large sums of money. money, or perform remote work, from the comfort of your home, and receive your pay directly into your bank account.
Among its weaknesses is the lack of support in certain countries, which is perceived, for example, in the impossibility of relating a PayPal account to a bank account; In these cases, withdrawals must be made by requesting a check, which is sent by mail to the user's address, who must bear the expenses and face the inevitable wait.
One of the most successful PayPal alternatives is 2checkout.com, which was launched the same year but offers more comfort for customers in countries ignored by your competitor On the other hand, it is important to note that their rates are higher. Other option recommended by many is Google Checkout, which has the advantage of being associated with other services commonly used by millions of users, such as Gmail and YouTube; Your taxes are 2% per transaction made.
Many of the users who, for certain reasons, did not have good experiences with PayPal, migrated to AlertPay.com, a very similar platform with very good technical support. Again, your commission is higher, but it is highly recommended for entrepreneurs around the world.
