Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.

VersaCheck specializes in creating MICR (Magnetic Ink Character Recognition) enabled inks and toners so you can print 100% bank-compliant checks for your business. Our MICR ink and MICR toners are accepted by all banks and ATM’s for a seamless experience compared to other check printing solutions on the market.

2023年12月21日 · MICR, also known as Magnetic Ink Character Recognition, is a technology used to encode essential information on checks in a format that can be easily read and processed by machines. It relies on the use of specially formulated magnetic ink and a unique MICR line to store and transmit critical check data.

2023年11月17日 · MICR technology is a crucial element in banking that uses magnetic ink to facilitate fast and accurate processing of checks, ensuring secure transactions and reducing fraudulent activities. Explore the ins and outs of MICR and its significance in the banking industry.

2024年8月1日 · Magnetic ink character recognition (MICR) is a technology used primarily to identify and process checks. The MICR on a check is the string of characters that appears at the bottom left of the...

This group, called the ABA Bank Management Commission, introduced magnetic ink character recognition. Quickly dubbed MICR by the industry, that's what we call it today. (Whether you choose to call it "Mick-er" or "My-cur" is up to personal preference!

A crucial component of a check's design is the Magnetic Ink Character Recognition (MICR) line, a line of characters printed in a unique font at the bottom of the check. While it might seem like an archaic feature, the MICR line serves a vital purpose that keeps the world of banking and finance connected, efficient, and secure.

MICR (magnetic ink character recognition) is a technology invented in the 1950s that's used to verify the legitimacy or originality of checks and other paper documents. Special ink, which is sensitive to magnetic fields, is used to print certain characters on the original documents.