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It is both, it contain both elements of batch processing and elements of real-time processing. PIN verification uses real-time processing and the customer record shall only be updated at the end of the day(batch processing).

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Q: Is ATM online batch or real time processing?
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What is the time taken for credit card processing?

There are two types of credit card processing, real time and deferred (or batch) processing. Most stores and online services use real time which instantly communicates with your bank. Deferred processing waits for a certain number of transactions and then processes them in one batch. This could take hours to days.


Five types of Transaction processing system?

Types[edit]Contrasted with batch processingBatch processing is not transaction processing. Batch processing involves processing several transactions at the same time, and the results of each transaction are not immediately available when the transaction is being entered;[1]there is a time delay. Transactions are accumulated for a certain period (say for day) where updates are made especially after work.[edit]Real-time and batch processingThere are a number of differences between real-time and batch processing. These are outlined below:Each transaction in real-time processing is unique. It is not part of a group of transactions, even though those transactions are processed in the same manner. Transactions in real-time processing are stand-alone both in the entry to the system and also in the handling of output.Real-time processing requires the master file to be available more often for updating and reference than batch processing. The database is not accessible all of the time for batch processing.Real-time processing has fewer errors than batch processing, as transaction data is validated and entered immediately. With batch processing, the data is organised and stored before the master file is updated. Errors can occur during these steps.Infrequent errors may occur in real-time processing; however, they are often tolerated. It is not practical to shut down the system for infrequent errors.More computer operators are required in real-time processing, as the operations are not centralised. It is more difficult to maintain a real-time processing system than a batch processing system.


Is withdrawing money from an ATM an example of batch processing?

No, withdrawing money from an ATM is an example of Real-Time Processing as you are taking money out/putting in at that moment.


What is batch processing of cheques?

Batch processing of bank cheques is when a number of checks are processed at one time automatically. This means that the batch on a computer to be processed so that it will be done without a person having to input information.


What is batch processing of bank cheques?

Batch processing of bank cheques is when a number of checks are processed at one time automatically. This means that the batch on a computer to be processed so that it will be done without a person having to input information.