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MICR in Technology Meaning

The MICR meaning in Technology terms is "Magnetic Image Character Recognition". There are 9 related meanings of the MICR Technology abbreviation.

MICR on Technology Full Forms

  1. Magnetic Image Character Recognition
  2. Magnetic Ink Character Recognition MICR (magnetic ink character recognition) is a technology used to verify the legitimacy or originality of paper documents, especially checks. Special ink, which is sensitive to magnetic fields, is used in the printing of certain characters on the original documents. Information can be encoded in the magnetic characters. The use of MICR can enhance security and minimize the losses caused by some types of crime. If a document has been forged - for example, a counterfeit check produced using a color photocopying machine, the magnetic-ink line will either not respond to magnetic fields, or will produce an incorrect code when scanned using a device designed to recover the information in the magnetic characters. Even a legitimate check can be rejected if the MICR reader indicates that the owner of the account has a history of writing bad checks.
  3. Magnetic-Ink Characters Recognition
  4. Magnetic-Ink Character Recognition
  5. Magnetic Ink Character Reader
  6. Magnetic-Ink Character Reading
  7. Magnetic Imaging Character Recognition
  8. Minimally Interrupted Cardiac Resuscitation
  9. Microscopy Imaging Cytometry Resources

Frequently Asked Questions (FAQ)

  1. What does MICR stand for Technology?

    MICR stands for Magnetic-Ink Character Reading in Technology terms.

  2. What is the shortened form of Magnetic Image Character Recognition in Technology?

    The short form of "Magnetic Image Character Recognition" is MICR for Technology.

Citation

MICR in Technology. Acronym24.com. (2021, March 18). Retrieved November 22, 2024 from https://acronym24.com/micr-meaning-in-technology/

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