A financial transaction is an activity involving the exchange of assets between two or more parties, where the transfer of value can be measured using currency.
This process doesn’t only occur in complex business settings but also takes place in our daily lives.
With the rise of the digital era, financial transactions have also evolved. What used to be traditional has now shifted to digital-based solutions, such as e-wallets or digital wallets, making transactions easier and faster.
In this article, we’ll dive deeper into the definition, types, and examples of financial transactions to help you better understand how they work in everyday life.
