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MICR Overview
AP MICR
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MICR Overview

  • Enhanced security and control over check signing with use of encrypted signature files, signing amount limits and magnetic signature cards
  • Ability to print checks using existing equipment - a Windows PC and desktop laser printer equipped with a MICR toner cartridge. TROY MICR Printers are recommended for enhanced security features and performance reliability

  • Reduced risk of fraud with Positive Pay feature - produce a positive pay file that is submitted to your bank to reference when paying checks. Checks that don't match the file will be rejected for payment

  • Cost savings using blank security check stock vs. pre-printed check stock

  • Shorter lead time on blank stock reordering vs. reordering pre-printed stock

  • Blank stock can be used for any of the company's accounts, reducing the amount of secure storage space required for check stock inventory

  • Reduced time for printing checks using blank security check stock vs. pre-printed check stock printing using impact printer & mechanical check signing
 
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