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Magnetic Ink Character Recognition

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.05 sec.
(business, printer)Magnetic Ink Character Recognition - (MICR) A character recognition system using special ink and characters which can be magnetised and read automatically.

MICR is used almost exclusively in the banking industry where it is used to print details on cheques to enable automatic processing.


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In addition to the Concourse(TM) family of self-service kiosks, Source Technologies offers secure disbursement software solutions and magnetic ink character recognition (MICR) printers and consumables for secure document applications.
Pioneer in Self-Service Hosts Product Demo at CUNA's 2007 ... by Business Wire
In addition to its family of magnetic ink character recognition (MICR) printers and consumables, Source Technologies offers secure disbursement software and the ground-breaking CONCOURSE family of branch automation and self-service solutions.
Source Technologies Broadens Client Base, Strengthens Key Partnerships by Business Wire
In addition to its family of magnetic ink character recognition (MICR) printers and consumables, Source Technologies offers secure disbursement software and the ground-breaking CONCOURSE family of branch automation and self-service solutions.
Source Technologies Named to FinTech 100 for Second Consecutive Year by Business Wire
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