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What does micr mean in computer terms?
micr
What are the Disadvantages of a MICR?
MICR readers and printers are expensive and the system can only accept a few characters.
Abbreviation for the device that can read characters from cheques?
MICR
Where is micr found?
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.
What is the process of micr laser check printing?
MICR is an abbreviation for micro ink character recognition. MICR are the symbols on the bottom of checks that are used by electronic sorters in various banks during the check clearing process.
What input output device is used by banking to process checks?
input devices are used not only to enter data into a computer but also the instruction or program that tell the computer what to do for eg:keyboard, mouse,joystick etc.
What does MICR stand for in computer terms?
Magnetic Ink Character Recognition
What device is used by the banks to minimize conversion process?
MICR
How many characters uses the micr sysytem?
your momm blows me everynight....how ya feel about that?
What are the advantages and disadvantages of Magnetic Ink Character Recognition?
Magnetic Ink Character Recognition (MICR) technology offers high accuracy in reading characters due to the unique magnetic properties of the ink used. This makes it particularly useful in banking for processing checks efficiently. However, the setup costs for implementing MICR systems can be high, and the technology is limited to processing specific types of documents with pre-printed MICR characters. Additionally, MICR readers can be susceptible to errors if the characters are poorly printed or damaged.
What is the function of magnetic ink character reader MICR?
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.
For what purpose is MICR used in banks?
MICR codes are used to identify bank and account information. The codes are read by machines, offering a quicker and easier process for the clearing of checks.
