Posts tagged: Micr

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Advantages and disadvantages of MICR Technology in Banking

Explore MICR advantages and disadvantages and learn Magnetic Ink Character Recognition (MICR) technology in banking used to read MICR code number on cheque.

micr banking check processing

OCR vs MICR in Banking: Key Differences Explained

Explore the differences between OCR (Optical Character Recognition) and MICR (Magnetic Ink Character Recognition) technologies used in banking, including their advantages and disadvantages.

ocr micr banking technology