Tags: Magnetic Ink Character Recognition
MICR: What It Is And How It Works?
Trisha OlivarWhat is a MICR? In modern banking, MICR, short for Magnetic Ink Character Recognition, is an important innovation. It changed how our banks handle checks, making transactions faster and more efficient. In this guide, …
Apr 03, 2024 • 9 min read
MICR Toner: Know How It Differs From Regular Toners
Trisha OlivarDo you know how a MICR toner differs from a regular laser toner? Magnetic Ink Character Recognition, or MICR, is used in banking and finance to process checks and other financial documents such as deposit slips. This …
Apr 03, 2024 • 7 min read
MICR Readers: How It Reads Magnetic Ink Characters?
Trisha OlivarDo you ever wonder how banks process your checks so quickly and accurately? Well, the secret lies in a fascinating technology called Magnetic Ink Character Recognition, or MICR for short. But how are they read? Let’s find …
Apr 02, 2024 • 8 min read