Describe the nature of transaction processing and how it relates to interactive processing?

Transaction processing involves the collection, storage, and retrieval of data related to transactions, ensuring that each transaction is completed accurately and efficiently. It is essential in systems like banking and e-commerce, where real-time data integrity and consistency are crucial. Interactive processing, on the other hand, allows users to engage with the system in real-time, often requiring immediate feedback and updates. Together, transaction processing and interactive processing ensure that transactions are processed quickly while providing users with an immediate response to their actions.