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MICR Products

products-micr

The acronym MICR stands for Magnetic Ink Character Recognition. This technology uses magnetically chargeable ink or toner to print the numbers and special characters on the bottom of checks or other financial transaction documents.

The numbers usually include the account number from which the money will be drawn,the identification number and the routing and transit of the check for the bank where the account resides. MICR technology is used in the banking industry in many countries because it allows for fast and reliable document processing.

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