What is MICR?
The acronym “MICR” stands for Magnetic Ink Character Recognition. MICR is a process by which documents are printed using magnetic ink and special fonts to create machine readable information for quick document processing. The principal purpose of MICR toner is to print accounting and routing information on bank checks and other negotiable documents. MICR Toner is the most integral component of MICR printing.
Magnetic Ink Character Recognition, or MICR, is a character recognition technology first adopted by the banking industry to facilitate the processing of checks. In addition to their unique fonts, MICR characters are printed with a magnetic ink or toner. Magnetic printing is used so that the characters can be reliably read into a system, even when they have been overprinted with other marks such as cancellation stamps. The characters are read with an MICR Reader, and the letterforms’ bulbous shapes ensure that each letter produces a unique waveform for the read head.
MICR is actually an acronym for Magnetic Ink Character Recognition. MICR is a process by which documents are printed using magnetic ink and special fonts to create machine readable information for quick document processing. The most popular use of MICR toner is to print accounting and routing information on bank checks and other negotiable documents. MICR toner is the most integral component of MICR printing.
MICR is an acronym that stands for Magnetic Ink Character Recognition. Magnetic ink printing allows printed information to be read electronically. A special type of font of characters called E-13B is used for character recognition. E-13B characters are commonly referred to as MICR characters. The E-13B font consists of ten specially designed numbers (0 through 9) and four special symbols (Transit, Amount, On-Us and Dash) to make a total of 14 MICR characters. E-13B (MICR) characters are printed with ink or toner that contains iron oxide which is capable of being magnetized. MICR reader machines transport documents containing E-13B magnetic ink characters past a magnet which causes the iron oxide particles in the printed characters to become magnetized. The magnetized characters then pass under a magnetic read head and the magnetic field (flux pattern) created by the magnetized characters generates an electric current in the read head. The strength and timing of this current allows the
