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What Is MICR String?

The first patent for a product using a barcode was granted to Joseph Woodland and Bernard Silver on October 7, 1952.   Now, there are many type of barcodes such as Aztec bar code, Universal Product Codes, Quick Response (QR) Codes, … And MICR was invented in the late 1950s and is currently used all around the world. Magnetic ink character recognition (MICR) is a check identification and processing method.  The MICR on a check is the string of characters found in the bottom left corner of the check.  It is made up of three numbers: the bank routing number, the customer's account number, and the check number. A 9-character routing number, a 12-character account number, and a 4-character check number are all parts of the MICR. See more: https://youtu.be/OacdKDHSw_g The print technique utilized to enable a machine to read, process, and record information is referred to as a magnetic ink character recognition line. These are something to focus: The string of characters at...