"transaction business" is a correct and usable phrase in written English.
It is often used to refer to a business or industry that focuses on conducting transactions, such as buying and selling goods or services. Example: The company's main source of revenue came from its successful transaction business, as they were known for their efficient and secure online payment system.
The time is right now for networks to get into the direct transaction business, Mr. Ohlmeyer said.
One area that USA Interactive has recently shied away from is advertising -- a crucial piece of America Online's profitability -- in favor of the transaction business.
Deutsche Bank said it would continue to pursue growth opportunities for its global transaction business and was committed to a leading position in the Dutch financial services market.
Underlying profits fell from £33.2m to £25.2m, with a second half improvement in the London housing market and a strong peformance from its Asia Pacific transaction business.
The company's transaction business -- mainly commissions paid by vendors who sell on its shopping channel -- posted revenue of $18.3 million, up 118percentt.
"It's tough to be all things to all people," said Heather Shively, chief executive of CapitalThinking, which recently closed its mortgage transaction business, which linked borrowers to lenders online without brokers.
Lending and e-commerce (depending on vertical) are relatively low repeat transaction businesses.
Right now, if you design a high-transaction business that requires online payments in tiny amounts – say 1p or less – bank charges make it a non-starter.
Equifax, a consumer credit reporting company, said yesterday that its board had approved a plan to spin off the company's credit card processing and check-transaction business.
In the margin of a Chase income statement currently under review by Merrill's top executives are handwritten notes containing the following comments: "Tough to integrate," "Best leveraged-transaction business," "Not client-focused," and, "Can negotiations be kept secret?" Merrill Lynch won't confirm that a deal is imminent.
A wide variety of issues are considered, including the Flat Tax taxation of financial transactions, business formations and reorganizations, small businesses, accounting methods, and international transactions.
