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How is MICR toner different from laser toner? MICR toner contains an iron oxide that permits the "bank line" information of a check to be read by electronic bank processing equipment. MICR toner is similar to standard laser printer toner, but requires a 50% to 60% iron oxide additive content to meet ANSI specifications for readability standards. What are the benefits of a MICR Laser check system? Most users cite the following as the main benefits of converting to MICR printing:
- MICR Laser check processing provides a much higher level of security.
- Cost reductions; due to the elimination of the inventory and control of pre-printed check stock
- Creating a MICR Laser check is a single step process that adds payee data, signatures, logos, bank identification, and the MICR line to the check.
- Increased flexibility to add, change or delete new bank accounts on demand without ordering new check stock.
- Decreased exposure to check fraud.
What is MICR? The acronym "MICR" stands for Magnetic Ink Character Recognition. MICR is a process by which documents are printed using magnetic ink and special fonts to create machine readable information for quick document processing. The principal purpose of MICR toner is to print accounting and routing information on bank checks and other negotiable documents.
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