Explain why magnetic ink is used rather than barcodes on a cheque
Answers
Answered by
7
Explanation:
MICR is a character recognition system that is widely used in the banking industry for cheque processing. It involves using a stylized font and magnetic ink to print characters in a document. ... If required, the same information in the document can also be read optically through OCR.
Answered by
5
Answer:
The MICR codes read from the cheques are transmitted to an online computer for sorting and processing automatically. ... It is used in Bank Check Processing System. 8. Magnetic Ink makes it difficult to copy or imitate
Explanation:
MARK it as BRAINLIEST
Similar questions