What is MICR?January 20, 2010 No Comments
If you have been browsing through shopping sites and online stores for printer supplies, I’m sure you have encountered the acronym MICR. What is MICR? What is the difference between an MICR toner cartridge and an ordinary toner cartridge?
MICR actually stands for Magnetic Ink Character Recognition. A toner cartridge that has an MICR feature is especially-made for encoding, reading and sorting checks and deposit slips. The technology allows computers to read special information like account numbers from printed documents. This is also different from barcodes and other similar technologies because MICR codes are legible even to humans.
MICR cartridge characters are oftentimes recognized as a series of numbers located at the bottom portion of a check. This is the same number that banks use to route and process payments. Using an MICR toner cartridge magnetically charges each character so it can be recognized or read by high-speed machines. The MICR code is converted to digital data by the high-speed machine. Each check deposited is then read and sorted several times by these high-speed machines. As such, the reliability and quality of the MICR toner cartridge is critical to make the entire process efficient.
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