MICR is an equipment used to read documents using electromagnetic fields.
MICR equipment can not read all the documents. The document should be written using a magnetic ink so that the electromagnetic fields generate from them can be detected by the equipment.
We also say 'MICR printing", "MICR letters", "MICR fonts" to any set of characters that can read by using a MICR equipment
General use of MICR is to read checks in banking business. Almost every check has a MICR printing at the bottom of check.
MICR stands for magnetic ink character reader
MICR devices can read:Numbers
MICR(magnetic ink character recognition)
The MICR (Magnetic Ink Character Recognition) code has 9 digits and are also used to identify the bank-branch for cheque clearing and online transaction processes. You can find MICR or IFSC codes of all branches across Indian at www.indiancodes.org Its quite faster too.
Magnetic Ink Character Recognition
Magnetic Ink Character Recognition
MICR stands for Magnetic Ink Character Recognition. OCR stands for Optical Character Recognition. The former uses magnetic ink, the latter doesn't.
Micr is found on the bottom of checks. It is used by banks to scan and process checks. Micr stands for magnetic ink character recognition.
Magnetic Ink Character Recognition
Magnetic ink character recognition
MICR is used to facilitate the processing of cheques in banking systems. the data is typed in magnetic ink, mostly iron oxide which can be detected by a magnetic ink character reader and processed.
VOIP = Voice Over Internet Protocol... MICR = Magnetic Ink Character Recognition