Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Micr shopping experience:

1. Compare - without doubt the biggest advantage that the Micr offers shoppers today is the ability to compare thousands of Micr at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.

2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about

3. Testimonials - don't know anybody that has bought a Micr? Wrong! If the Micr is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.

4. Questions - Got a question about Micr then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....

5. Reputation - Never heard of the company selling Micr? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Micr and build up a picture of their reputation for sales, returns, customer service, delivery etc.

6. Returns - still worried that even after all of the above your Micr wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.

7. Feedback - happy with your Micr then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.

8. Security - check for the yellow padlock on the Micr site before you buy, and the s after http:/ /i.e. https:// = a secure site

9. Contact - got a question about Micr, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.

10. Payment - ready to pay for your Micr, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.

Magnetic Ink Character Recognition, or MICR, colloquially pronounced or sometimes , a character recognition technology adopted mainly by the banking industry to facilitate the processing of cheques. The process was demonstrated to the American Bankers Association in July 1956, and it was almost universally employed in the U.S. by 1963Mandell, Lewis. "Diffusion of EFTS among National Banks: Note", Journal of Money, Credit and Banking Vol. 9, No. 2. (May, 1977), p. 341..

The major MICR typefaces used around the world are E-13B and CMC-7. Almost all US, Canadian, and UK cheques now include MICR characters at the bottom of the paper in the E-13B font. Some countries, including France, use the CMC-7 font developed by Groupe Bull.





In addition to their unique fonts, MICR characters are printed with a magnetic ink or toner, usually containing iron oxide. 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 characters are read with a device similar in nature to the head of an audio tape recorder, and the letterforms' bulbous shapes ensure that each letter produces a unique waveform for the read head.

The error rate for the magnetic scanning of the numbers at the bottom of a typical check is smaller than with Optical Character Recognition systems.

In the 1960s, the MICR fonts became a symbol of modernity, leading to the creation of lookalike "computer" typefaces that imitated the appearance of the MICR fonts, but, unlike real MICR fonts, had a full character repertoire.

See also

Notes

External links

Magnetic Ink Character Recognition, or MICR, colloquially pronounced or sometimes , a character recognition technology adopted mainly by the banking industry to facilitate the processing of cheques. The process was demonstrated to the American Bankers Association in July 1956, and it was almost universally employed in the U.S. by 1963Mandell, Lewis. "Diffusion of EFTS among National Banks: Note", Journal of Money, Credit and Banking Vol. 9, No. 2. (May, 1977), p. 341..

The major MICR typefaces used around the world are E-13B and CMC-7. Almost all US, Canadian, and UK cheques now include MICR characters at the bottom of the paper in the E-13B font. Some countries, including France, use the CMC-7 font developed by Groupe Bull.





In addition to their unique fonts, MICR characters are printed with a magnetic ink or toner, usually containing iron oxide. 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 characters are read with a device similar in nature to the head of an audio tape recorder, and the letterforms' bulbous shapes ensure that each letter produces a unique waveform for the read head.

The error rate for the magnetic scanning of the numbers at the bottom of a typical check is smaller than with Optical Character Recognition systems.

In the 1960s, the MICR fonts became a symbol of modernity, leading to the creation of lookalike "computer" typefaces that imitated the appearance of the MICR fonts, but, unlike real MICR fonts, had a full character repertoire.

See also

Notes

External links



 

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