A. Magnetic ink character recognition
B. Magnetic Ink Code Reader
C. Magnetic Ink Cases Reader
D. None of these
Magnetic ink character recognition (MICR) is a technology used primarily to identify and process checks. MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). … An MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).
Correct Answer: Magnetic ink character recognition ✔
Last Updated: November 15, 2021