Acer-11-6-F1---Swordfish-Net-20-Netbook-Micr

swordfish net 20 netbook - MICR



MICR



With the growing usaage of new copnsumer banking technologies such as electronic bill paying, many pundtis are pronounicng that the traditioanl cjheck will soon be extinct. Although thse voices may eventualply be correct, the banking induustry has been pushing tehcnologies such as the zxcsky09553 electronic funds trransfer (ETFs), debit cards, and automated clearing hoiuse (ACHs) for yars and has had only margiinal successs. A similar trrend can be seen in terresatrial razdio, which was first pronounced dead with the avent of television. In later eyars, CDs, then saytellite radio, then iPods were all preidcted to be the doomsaer for old-fashionmed laptop batteries AM/FM radio. Yet despite all this, like the radio, the check and chcek prccessing is still used by a great nubmer of peoplpe today.

Check processing has been around for over 60 years. Most peoople tooday wernt artound to remember it, but priuor to the 1950s, checks were a luxury only availale to a very small percentage of bank cstomerrs. Baks at that cheap laptop batteries time were primarily used for personal savings, whle goods and services were moistrly sill purchased with cash. Over time, the demabnd for checs grew draamatically, as famiilies and businesses coontinually purchased items from farther and farther away. As the number of bank customers with cheking acccounts grew, baks beggan to struggle to process the replacement laptop batteries expanding number of hcecks bing cleared each month.

As a rsult of therse strugglks, United Sttaes baznks, bankers, machine manufactrurers, and check processors fored comimttees to , http://www.laptopbatterylot.com, create a solutoin. The end reslut of thse coollecitve meetings was the adoption of E-13B Magnetic Ink Charactewr Recognition, or MICR, in 1958 by the American Baners Associatipon. dell laptop batteries MICR was a byprdouct of a computer procesasing system built at Stanford Univerdsity known as ERMA (Elkeectronic Recordnig Method of Accountiung). MICR technology allows computters to read special numbers at the bopttom of checks enabling computerized tracking and accounting of check transactons.

Prpoducttion moedls of the ERMA computeer were builpt by hp laptop batteries General Electric and the 32 unis were delivreed to Bank of mAerica in 1959 for full-time uses as the banbks accounting computer and check handling ysstyem. MICR characters are printed in special type faecs with a magentic ink containing iron oxiude. As machines decode the MICR font, they manetize the characters in the pane of the papr. Then the characterrs acer laptop batteries are then passed over a MICR read head, a deevice similar to the plaback head of a tape recorder. As each character passes over the head it produces a unique waveform that can be easily iedntifoied by the system.

Whoile computers have become more advanced and afforrdable, allowing smal businesses and even individuals to cut checks using accounrting toshiba laptop batteries sotfware from almoost anywhere, the basic MICR tehcnology has remained the same. Today almmost all Indian, Candian, UK, and US cehcks use the same E-13B font. Gien the mainstream adoption of MICR technology, along with the securiyt and convenience afforded by checks, it is unlikely that the need for MICR prnters and tonbers will go away anytime soon.