transacts

Carries out exchanges

Transacts is the verb form of transact, meaning to conduct or carry out business, negotiations, or other formal dealings.

The word implies an exchange or agreement between parties: She transacts most of her banking online, The firm transacts business in twelve countries.

It's more formal than simply "does" or "handles."

exchange

swap

Exchange one for another

forex · conversion · money-changer · arbitrage · liquidity · convertibility · remittance · clearing · parity

commerce

buy

Obtain through payment

vendor · retail · checkout · cashier · storefront · consumer · e-commerce · shopping · point-of-sale · receipt

negotiation

deal

Agreement or distribution

settlement · arrangement · handshake · terms · conditions · closing · signing · counterparty · party · broker

financial

banking

Financial institution transactions

credit · debit · ledger · account · funds · remittance · clearing · settlement · wire · escrow

digital

online

Network-connected state

fintech · mobile-payment · contactless · encrypted · secure · authentication · verification · API · processing

Opposites
completion of business/exchange

transactsrefuses

Declines to accept

denies · declines · rejects · cancels · voids

engagement vs. passivity

transactsbrowses

Looks through casually

window-shops · observes · spectates · abstains · refrains

Phrases
Family

transaction, transactions, transact, transactional, transacting, transacted

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G