Magnetic Ink Character Recognition System is most commonly used to encode and read information on checks and bank drafts to speed clearing and sorting. The Ink Character Recognition System is also effective for uncovering fraud, such as colour copies of payroll checks or hand-altered characters on a check, both of which are easily detected by the absence of magnetic ink. The Magnetic Ink Character Recognition System ensures fast clearing and sorting, as well as helps in fraud detection, benefits customers, financial institutions, and retail establishments. Magnetic Ink Character Recognition System ensures optimum functionality for long time.
