Tags: Magnetic Ink
MICR: What It Is And How It Works?
What 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.
Read MoreApr 03, 2024 • 9 min read
MICR Readers: How It Reads Magnetic Ink Characters?
Do 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.
Read MoreApr 02, 2024 • 8 min read