MICR


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MICR

MICR

MICR

(Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data. Although optical methods (OCR) became as sophisticated as the early MICR technology, magnetic ink is still used. It serves as a deterrent to fraud, because a photocopied check will not be printed with magnetic ink.


MICR Font
The E13B standard font is used for MICR digits and symbols on bank checks and deposit slips. There are only 14 characters in the font.








Early MICR Machine
The "football field-long" machine from Recognition Equipment was used in the 1970s to process checks and credit card slips. (Image courtesy of BancTec, Inc.)








Today
This contemporary machine supports both MICR and OCR processing. (Image courtesy of BancTec, Inc.)
References in periodicals archive ?
The TROY WF-3520 MICR SecureUV Printer provides smaller companies with low print volumes a great opportunity to take advantage of multiple TROY inks in the same unit.
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MICR check printing was an application looking for a market for many years.
Probably the most cost-effective option for desktop check-printing is the Hewlett-Packard Laser Jet II and III, which, along with other lower priced printers using the Canon or Ricoh engine, can be equipped to print MICR checks.
As Ricoh's exclusive MICR engineering partner, Rosetta offers the industry's widest range of MICR printers and consumables, from compact desktop printers to high-speed cut-sheet production printers, plus post-processing equipment, supplies, and 24x7 support.
DNC's high performance MICR ink for the HP Inkjet Web Press([TM])T200, T300, T350 and T400 is available through HP([R]) and its authorized channel partners.
Optional watermark feature for copy function when using MICR toner
The OnSight software and included MICR IRD printer are tightly coupled so that the solution installs quickly and is easy to use and support.
Rosetta's multi-function MICR printers give financial institutions the ability to consolidate their devices in branch and office environments, similar to more commonly available standard MFPs, but with the added functionality of printing official checks, loan checks, money orders, and other MICR documents.
Source Technologies engineers a complete line of secure and MICR printers ideal for any environment.
Rosetta Technologies, a leading provider of MICR printers and check and Image Replacement Document (IRD) software solutions, announced the availability of the PDF Print Pack, an all-in-one solution that offers financial institutions a low cost option for printing IRDs from PDFs received directly from the Federal Reserve Bank.
Rosetta Technologies, a leading provider of MICR printers and check and Image Replacement Document (IRD) software solutions, announced that customers using Rosetta's IRDPrint software and MICR printers had collectively printed more than one billion IRDs.