tranzaksione

Tranzaksione is a general term for any exchange that creates a formal transfer of value, goods, services, or rights between two or more parties. In finance and commerce, a transaction records a binding agreement that changes ownership or obligations.

The term covers a broad range of activities, including financial transactions (payments, loans, transfers), commercial transactions (sales, leases, licensing), and data transactions (record updates in an information system). Common subtypes include cash transactions, card payments, bank transfers (wire, ACH, SEPA), online wallets, and cryptocurrency transfers.

A typical transaction follows stages: initiation, where terms are set; authorization or verification, ensuring legitimacy; settlement or clearing, where value is exchanged; and recording in the accounting or ledgers. In retail, the point-of-sale system handles authorization and recording; in banking, payment rails and networks complete settlement.

Security and compliance are central to transactions. Measures include identity verification, encryption, digital signatures, and fraud monitoring. Regulations such as anti-money laundering (AML), countering financing of terrorism (CFT), and data protection laws govern how transactions are processed and reported.

The landscape is changing with digital finance and distributed ledgers. Fintech innovations enable faster and cross-border transactions, but they also introduce new risks and regulatory challenges. Consumers increasingly engage in transactions via mobile apps and online platforms.

Etymology: The term derives from Latin transactio, via many languages, and in Albanian contexts tranzaksione denotes such exchanges. See also transaction costs and financial transaction.