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Magnetic Ink

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magnetic ink
A magnetically detectable ink used to print the MICR characters that encode account numbers on bank checks.
magnetic ink [mag′ned·ik ′iŋk]
(materials)
Ink containing magnetic particles to permit reading of printed characters by a magnetic character reader as well as by humans.
Magnetic Ink 

a variety of magnetic information carrier used for recording textual and graphic materials on ordinary paper and for reading it out magnetically.

Magnetic ink is made in the form of a carbonyl iron suspension in heptane or mastic with microscopic magnetic particles. Dyes are often added to facilitate the visual inspection of a recording (visible magnetic ink). Magnetic ink is used chiefly for mechanizing document processing (sorting, identifying, accounting, coding). It is applied either manually or by printing equipment.
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Intelligent endorsement capability utilizes Magnetic Ink Character Recognition (MICR) data to adjust pre-scan endorsement.
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The product's architecture and algorithms are optimized to gain a dramatic increase in efficiency of CAR, LAR and magnetic ink character recognition (MICR) reading.
PARASCRIPT UNVEILS CHECK RECOGNITION SOFTWARE by Imaging Update
and it is an acronym for magnetic ink character recognition.
MICR Toner Printing - the Basics by Lyn Askin / Computers and Internet community
 
 
 
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