Definition of MICR.
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Definition of MICR.

Definition of MICR.
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Definition of MICR.

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Magnetic Ink Character Recognition or MICR: is a special kind of Optical Character Recognition (OCR) technology that was adopted mainly by the US banking industry to facilitate the processing of cheques. This technology has now been adopted world wide and is a standard in banking industry. Almost all cheques include MICR characters at the bottom of the cheque leaf in a font known as E-13B. MICR was developed by the Bank of America, leading to the development of one of the earliest commercial computer systems.

: 1234567890, : 1234567890, : $1234567890,: 1234567890$

magnetic ink character recognition

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