magnetic ink character recognition


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Related to magnetic ink character recognition: Optical Mark Reader, Barcode reader

magnetic ink character recognition

n
(Computer Science) the process of reading characters printed in magnetic ink. Abbreviation: MICR
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Source Technologies provides secure printing solutions and MICR (Magnetic Ink Character Recognition) printing.
Pitney Bowes is in the process of developing future enhancements to the AcceleJet printing and finishing system, including adding MICR (Magnetic Ink Character Recognition) capability, which will enable clients to print checks and other negotiable documents.
It enables users to print files including electronic forms, Microsoft Windows fonts, barcodes, magnetic ink character recognition (MICR), graphics and images.
Known as Magnetic Ink Character Recognition or MICR printing, this development has enabled banks to process transactions at lightning speed, saving huge amounts of time and money.
When examining cancelled checks, it is important to know that the magnetic ink character recognition system that banks use to read checks is a uniform system.
The type style of magnetic ink character recognition (MICR) numbers used on the bottom of a check for high-speed reading is available from many suppliers of desktop publishing or font package software, and it can readily be installed on a PC.
Uflex--India's largest flexible packaging company and a member of the International Hologram Manufacturers Association (IHMA) --has been certified by the Indian Banks' Association (IBA) as a security printer for printing magnetic ink character recognition (MICR) instruments for its member banks.