A positional numeration system is given by a base and by a set of digits. The base is a real or complex number $β$ such that $|β|>1$, and the digit set $A$ is a finite set of digits including $0$. Thus a number can be seen as a finite or infinite string of digits. An on-line algorithm processes the input piece-by-piece in a serial fashion. On-line arithmetic, introduced by Trivedi and Ercegovac, is a mode of computation where operands and results flow through arithmetic units in a digit serial manner, starting with the most significant digit. In this paper, we first formulate a generalized version of the on-line algorithms for multiplication and division of Trivedi and Ercegovac for the cases that $β$ is any real or complex number, and digits are real or complex. We then define the so-called OL Property, and show that if $(β, A)$ has the OL Property, then on-line multiplication and division are feasible by the Trivedi-Ercegovac algorithms. For a real base $β$ and a digit set $A$ of contiguous integers, the system $(β, A)$ has the OL Property if $\# A > |β|$. For a complex base $β$ and symmetric digit set $A$ of contiguous integers, the system $(β, A)$ has the OL Property if $\# A > β\overlineβ + |β+ \overlineβ|$. Provided that addition and subtraction are realizable in parallel in the system $(β, A)$ and that preprocessing of the denominator is possible, our on-line algorithms for multiplication and division have linear time complexity. Three examples are presented in detail: base $β=\frac{3+\sqrt{5}}{2}$ with digits $A=\{-1,0,1\}$; base $β=2i$ with digits $A = \{-2,-1, 0,1,2\}$; and base $β= -\frac{3}{2} + i \frac{\sqrt{3}}{2} = -1 + ω$, where $ω= \exp{\frac{2iπ}{3}}$, with digits $A = \{0, \pm 1, \pm ω, \pm ω^2 \}$.