Financial transaction systems are platforms that facilitate the exchange of money or assets between parties. These systems can include traditional banking services, online payment processors, and digital wallets. They ensure that transactions are processed securely and efficiently, often using encryption to protect sensitive information. These systems play a crucial role in the economy by enabling commerce and trade. They can handle various types of transactions, such as credit card payments, bank transfers, and cryptocurrency exchanges. By streamlining the payment process, financial transaction systems help businesses and consumers complete transactions quickly and reliably.