| MICR toners are special. Unlike regular toner cartridges | | | | that the banking industry needed a way to process |
| used for most printing jobs, MICR toner cartridges | | | | the volumes and volumes of checks that come to |
| contain magnetic components, particularly iron oxide. | | | | them in the shortest time possible. There are millions of |
| MICR actually stands for magnetic ink character | | | | people and companies that have checking accounts in |
| recognition, and the magnetic components in them | | | | the United States alone, and there are billions of |
| allow printouts using them to be read by special | | | | checks that these people and companies issue every |
| reading machines. | | | | year. Processing checks needs to be automated, or |
| Printing with MICR responds to a certain need. This | | | | else the banking industry would be drowning in checks. |
| need is most prevalent in the banking industry, where | | | | The system for automation developed by the US |
| MICR cartridges are used to print out checks. Other | | | | banking industry for processing checks required the |
| industries, such as airlines, insurances and events | | | | use of MICR technology. Because this development |
| ticketing, have come to benefit a lot from using | | | | has paved the way for more convenience for owners |
| magnetic toner as well. | | | | of checking accounts, the use of MICR toners and |
| What makes MICR toners so special and why do we | | | | MICR printing has become indispensable. |
| need them? Below are a few reasons why these | | | | MICR Toners Allow for More Secure Printing |
| toners have become necessary in our modern lives. | | | | Another special function that magnetic toners fulfill is |
| MICR Cartridges Allow for Accuracy in Printing | | | | that they aide in the prevention of check fraud. MICR |
| In printing checks, the characters to be printed must be | | | | readers cannot read checks and other documents |
| accurate. Size matters here, so these characters must | | | | that were not printed out with MICR toners; thus, in |
| be in the size they were supposed to be. Also, they | | | | simple cases such as these, check fraud is prevented. |
| must be set on the paper on the exact spot where | | | | Of course there are other creative means of |
| they should be. | | | | committing check fraud, but there are formulations of |
| There is only one reason for this, and that is to allow | | | | MICR that allow for more secure printing, such as the |
| reading machines to read checks and other | | | | ones manufactured by the Troy Group. These Troy |
| documents correctly. If checks are not read correctly, | | | | MICR toners do not just have the right signal strength |
| they will be rejected by the machine. This lengthens | | | | required, but they also make it impossible for printouts |
| the time to process that particular check, and it can | | | | using them to be chemically erased or altered. |
| result in surcharges and penalties for the person who | | | | We need MICR toners because they respond to a |
| tried to cash in that check. | | | | need for a specialized type of printing. As long as this |
| MICR Toners Allow for Speed in Processing | | | | need exists, there will always be a need for MICR or |
| The main reason why MICR technology came to be is | | | | magnetic toner cartridges. |