MICR: Magnetic Ink Character Recognition
MICR is an acronym for MAgnetic Ink Character Recognition. The magnetic ink characters are specially designed to be recognized by high-speed magnetic recognition euipment used for check printing in the banking industry.
This provides information needed for processing the check including: check number, banl routing number, checking account number and in some cases the amount of the check.
Why does the printer you use matter?
Using a dedicated MICR printer guarantees the correct application of magnetic ink, ensuring compliance with banking standards and enhancing the reliability of financial operations. This is vital for businesses and institutions that handle sensitive financial information, as it protects against fraud and maintains the integrity of financial processes.
Print Image Solutions is here to help!
We offer Managed Print Services, predictive toner replenishment, HP and Xerox office equipment and on-site maintenance. Connect with one of our sales associates for more details!
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