COMPUTER HARDWARE
INPUT DEVICES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Chip and Pin reader
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Magnetic Stripe reader
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RFID
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Barcode scanner
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Magnetic Ink Character Recognition
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Detailed explanation-1: -MICR is short for Magnetic Ink Character Recognition. It is a technology mainly used in the banking industry to verify the legitimacy of documents. It helps in streamlining the processing and clearance of various banking documents such as cheques.
Detailed explanation-2: -As the check enters the scan path, the magnetic ink passes over a magnet in the scanner to “charge” the ink before it passes over the MICR read head. The MICR read head is a device built into the scanner designed to read the magnetic signal emitted by the MICR ink characters on the check.
Detailed explanation-3: -Magnetic ink is used in the printing of the currency. Each denomination has a different face and, therefore, a different magnetic signature. Similar to a bar code reader, the machines recognize the denomination by its magnetic signature.