What is MICR and its function?

MICR (Magnetic Ink Character Recognition) is a technology used to verify the legitimacy or originality of paper documents, especially checks. The use of MICR can enhance security and minimize the losses caused by some types of crime. If a document has been forged - for example, a counterfeit check produced using a color photocopying machine, the magnetic-ink line will either not respond to magnetic fields, or will produce an incorrect code when scanned using a device designed to recover the information in the magnetic characters. Even a legitimate check can be rejected if the MICR reader indicates that the owner of the account has a history of writing bad checks.

Retailers commonly use MICR readers to minimize their exposure to check fraud. Corporations and government agencies also use the technology to speed up the sorting of documents.

Special ink, which is sensitive to magnetic fields, is used in the printing of certain characters on the original documents.

inFORM Decisions has been recognized worldwide for their developments and implementations of secure, reliable and seamless MICR laser check printing systems which allow users to bring, in-house, laser check printing operations.

Nowadays, people become take quick and convenient ways to help their work. Technology will be your family, contact us to know how to use and active these amazing softwares. Contact us today to see how iChecks can facilitate your AS400 and iSeries check printing needs.

Website: www.informdecisions.com - Hotline: (949) 709-5838 / (800) 858-5544

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