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.
A linear induction motor operates on the principle that like magnetic poles repel. This type of motor uses electromagnetic fields to generate motion by inducing currents in a conductor.
The force that operates when using a bar magnet to pick up a paper clip is magnetic force. The magnet attracts the paper clip due to the magnetic field surrounding the magnet, pulling the paper clip towards it.
It sounds like you might be referring to a device called a magnetic card reader, which reads information stored on magnetic stripes found on credit cards, IDs, and other types of cards. These readers use magnetic fields to interpret the data encoded on the magnetic stripe and typically interface with a computer or other device to process the information.
A magnetic stripe is used to store information on cards such as credit cards, debit cards, and identity cards. The stripe contains important data encoded magnetically that can be read by card readers when swiped.
MICR stands for magnetic ink character reader
AnswerOCR (optical character recognition) software for processing bank cheques and routing transactions to the correct ABA bank numbers and account numbers
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.
The reader understands the character's feelings.
The reader understands the character's feelings.
The input and output devices of a computer are normally abbreviated as I/O devices.There are a variety of input units,which are used by computers.THE MOST COMMONLY USED UNIT OF THIS TYPE IS A KEYBOARD AND A MOUSE OF A DESKTOP COMPUTER.Special purpose units are scanners,magnetic ink character reader,optical mark reader,optical character reader and bar code reader.
The magnetic card reader will require a credit or debit card to make contact with the reader. The magnetic card reader will read the numbers off of the card once contact is read in order to submit a debit entry from the card to the officiating bank.
5
A magnetic card reader is a device which reads information contained in a encrypted sequence on a magnetic strip. Such as a credit card reader, or Driverse License reader. Hotel Door locks now commonly have a magnetic card reader attached to replace the old fassioned key, since the cards are so cheap to make, and can be remade even if the original is lost.
Magnetic stripe readers
A card reader, also known as a magnetic stripe reader, is used to read the information stored on the magnetic strip of a credit card. The reader uses a magnetic head to detect and decode the data on the strip, such as the card number and expiration date.
A magnetic card reader/magnetic reader your credit card has lots of little squares on the black strip. Each one is magnetised or not. this represents 1/0 binary. 8 of these make a byte. the magnetic card reader detects these little 1/0 dots and turns them into numbers.