What Is a Check Scanner?
A check scanner is a specialized device designed for reading MICR codes on checks, enabling the efficient transmission of check information to financial institutions. MICR, or magnetic ink character recognition, is a technology that uses magnetic ink to print a unique code at the bottom of checks. This code includes critical details such as the bank code, account number, and check amount.
Essential components of a check scanner include a reading or magnetic head for decoding MICR codes, a processing unit to interpret the data, and interfaces for data transmission. These devices stand out for their quick processing speeds, high accuracy, operational efficiency, and cost-effectiveness.
Available in various formats, including stationary, handheld, and mobile units, check scanners offer flexibility in processing speed and reading accuracy to meet diverse operational needs.