What is Transact?

Given the general term 'Transact', it's difficult to provide a precise explanation without further context. 'Transact' generally refers to the action of conducting business or exchanging value. In technology, it often describes systems or processes involved in completing a transaction, such as financial transactions (e.g., credit card payments, bank transfers), data transactions (e.g., database updates), or API transactions (e.g., exchanging data between services). It highlights the system's capability to facilitate the exchange or processing required to complete a specific operational goal.