Why Do We Need MICR Toner Cartridges?

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MICR toners are special. Unlike regular toner cartridges used for most printing jobs, MICR toner cartridges contain magnetic components, particularly iron oxide. MICR actually stands for magnetic ink character recognition, and the magnetic components in them allow printouts using them to be read by special reading machines.

Printing with MICR responds to a certain need. This need is most prevalent in the banking industry, where MICR cartridges are used to print out checks. Other industries, such as airlines, insurances and events ticketing, have come to benefit a lot from using magnetic toner as well.

What makes MICR toners so special and why do we need them? Below are a few reasons why these toners have become necessary in our modern lives.

MICR Cartridges Allow for Accuracy in Printing

In printing checks, the characters to be printed must be accurate. Size matters here, so these characters must be in the size they were supposed to be. Also, they must be set on the paper on the exact spot where they should be.

There is only one reason for this, and that is to allow reading machines to read checks and other documents correctly. If checks are not read correctly, they will be rejected by the machine. This lengthens the time to process that particular check, and it can result in surcharges and penalties for the person who tried to cash in that check.

MICR Toners Allow for Speed in Processing

The main reason why MICR technology came to be is that the banking industry needed a way to process the volumes and volumes of checks that come to them in the shortest time possible. There are millions of people and companies that have checking accounts in the United States alone, and there are billions of checks that these people and companies issue every year. Processing checks needs to be automated, or else the banking industry would be drowning in checks.

The system for automation developed by the US banking industry for processing checks required the use of MICR technology. Because this development has paved the way for more convenience for owners of checking accounts, the use of MICR toners and MICR printing has become indispensable.

MICR Toners Allow for More Secure Printing

Another special function that magnetic toners fulfill is that they aide in the prevention of check fraud. MICR readers cannot read checks and other documents that were not printed out with MICR toners; thus, in simple cases such as these, check fraud is prevented.

Of course there are other creative means of committing check fraud, but there are formulations of MICR that allow for more secure printing, such as the ones manufactured by the Troy Group. These Troy MICR toners do not just have the right signal strength required, but they also make it impossible for printouts using them to be chemically erased or altered.

We need MICR toners because they respond to a need for a specialized type of printing. As long as this need exists, there will always be a need for MICR or magnetic toner cartridges.

Learn more about Troy Brand MICR or other reliable micr cartridges by visiting the Inkcarts website.