![]() OCR (Optical Character Recognition) is a scanner that scans the pages comprised of texts. To process a cheque the scanned data and information is utilized. Stored as a text for editing or printing. Only magnetic ink created using iron oxide can be employed. Pre-defined fonts like E-138 and CMC-7 are used. To scan the special information present in cheques. On the other hand, in MICR the reading units are passed by a magnetic field through which the particles of the ink are magnetized. There is no magnetic field involved in OCR technology. Conversely, in MICR, the information is printed using a laser printer. The printed material that is scanned by the OCR and MICR differ a lot where the pages scanned by OCR can be made up of any ordinary ink.
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