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Informative Article | Financial Management | India | Volume 10 Issue 2, February 2021 | Rating: 5 / 10
Innovative Strategies for Testing Batch Payment Processes in High - Volume Financial Systems
Abstract: Batch payment processing is a critical component of high - volume financial systems, enabling efficient and automated processing of large volumes of transactions. However, testing batch payment processes presents unique challenges due to the complexity, scale, and regulatory requirements involved. This paper explores innovative strategies for testing batch payment processes in high - volume financial systems, focusing on ensuring accuracy, efficiency, security, and compliance. The paper discusses the implementation of automated testing strategies, the use of data simulation techniques, and the importance of incorporating security testing measures to mitigate cyber threats. It also examines the integration of continuous testing practices into the development lifecycle of batch processing systems and presents real - world case studies and experiences. The aim is to provide practical insights and recommendations for effectively testing batch payment processes in large - scale financial systems.
Keywords: batch payment processing, financial systems, automated testing, data simulation, security testing
Edition: Volume 10 Issue 2, February 2021,
Pages: 1753 - 1756