Transaction Processing System (TPS) is a computerized system that facilitates business transactions such as payment processing, order processing, and payroll applications. These systems are designed to handle high volumes of transactions quickly and accurately. Examples of Transaction Processing System are:

Automatic Teller Machines
- ATMs are an example of a TPS that allows customers to conduct banking transactions such as cash withdrawals, deposits, and fund transfers. The system processes the transaction in real-time and updates the customer's account balance accordingly.

Order Processing
- TPS used in order processing systems allows companies to process customer orders quickly and efficiently. The system processes the order, verifies the customer's information, and sends it to the appropriate department for fulfillment.

Payroll Applications
- Payroll applications are another example of TPS that help companies process employee paychecks and manage their payroll. The system calculates employee salaries, taxes, and deductions, and generates paychecks or direct deposit.

All of the Above
- All the options listed above are examples of TPS. These systems are designed to handle high volumes of transactions quickly and accurately, making them essential for businesses that deal with a large number of transactions on a daily basis.

In conclusion, TPS plays a crucial role in facilitating business transactions, and the examples listed above demonstrate how these systems are used in various industries. These systems help companies process transactions quickly and accurately, improving efficiency and customer satisfaction.