One major demerit of Magnetic Ink Character Recognition is that it only recognizes a rigid set of characters. Also, MICR devices are costly and non-viable for most SMEs.
micr(magnetic ink character recognition)
Magnetic Ink Character Recognition
ink gets finished so fast
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 devices can read:Numbers
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.
MICR(magnetic ink character recognition)
MICR stands for magnetic ink character reader
magnetic ink character(MICR)