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I can't find information about MICR, can someone help me out?

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Industry/Domain: Retail
Category: ignore
Created: 15:50, 29 November 2012

Answers (1)

Karmic

It's shorthand for 'magnetic ink character recognition'. Control licensing process in which data on a control are read by a MICR device and transmitted to the retail software, which in turn sends the data to the control processor. MICR processing eliminates manual data entry and is less prone to errors.

17:34, 11 November 2013

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