subject: (micr): Magnetic Ink Character Recognition Special Toner For Several Security Printing Needs [print this page] Have you ever wondered why banks inflict a clearing time on cheques and why it takes some time to get cheques processed? It takes time to process cheques because cheques need to go through a machine that banks call a reader-sorter. The reader-sorter would work properly in printing out the cheques only if the right kind of ink is used. Cheques have become increasingly popular in todays world and more and more people depend on its use. To mechanize cheque processing, a standard electronic processing, handling and reading system was established. This is now known as Magnetic Ink Character Recognition (MICR).
Magnetic Ink Character Recognition (MICR) is defined as the accepted machine language specification used in payment transactions on paper, by The American National Standards Institute (ANSI). It is a character recognition technology which is mainly adopted by the banks for processing of cheques. MICR authenticates the cheques and also provides the bank with important information like the account number, bank routing number, cheques number and the amount requested.
The toner used for printing MICR characters contains iron-oxide. MICR Toners are specially formulated magnetic inks that are not the type which you usually use for your printers. Magnetic printing is used so that the characters can be reliably read into a system, even when they have been overprinted with other marks such as cancellation stamps. The reader-sorter machine recognizes the shape of each character, once the toner is charged and these give a magnetic fingerprint which can be decoded by the machine.
Many other industries have also adopted the use of this Special Ink for their own printing needs. Airlines use MICR toners for printing their tickets. The same goes for events and concerts - their tickets are made with MICR toners as well. Most documents that require security and precision are now relying on MICR toners.
Gloima Imaging Components produces world class printing related products which are affordable, easy to implement and use. These are delivered through a network of trusted Refill Stations. For exceptional printing needs Gloima also provides Special Toners, having special properties to meet with client's specific needs. They have MICR Toner for several security printing applications and are widely in use all over the country.
