What Is Magnetic Ink Character Recognition (MICR)

What Is Magnetic Ink Character Recognition (MICR)?

You may have heard of MICR in reference to checks. However, you might still be wondering, what does MICR mean? The Magnetic Ink Character Recognition line, commonly referred to as the MICR line, is a piece of ink-based technology used to prevent check fraud. It is used in a variety of ways but ultimately is […]