discuss the features and application s of an MICR
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MICR used to scan mangentic ink sheets...
marshmallow9250:
such as Cheques in banks...
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MICR is the short form of Magnetic Ink Character Recognition. The usage of MICR is increasing with each passing day.
The primary purpose of MICR is to help in verifying the authenticity of sensitive paper documents such as those involving cash transactions like bank checks. Certain characters are printed on these documents with a special ink that is sensitive to magnetic fields.
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