MICR is an acronym for “Magnetic Ink Character Recognition,” which refers to machine-readable text that allows computers to read and process the printed information. MICR technology system was developed by the American Bankers Association in the 1950s and has allowed financial institutions to facilitate automatic check-clearing and streamline their check processing.
Many firms are now contemplating using a check fulfillment service as a way to reduce their costs. But that’s not the only benefit in using such a service! here is a list of the top benefits in using a check fulfillment service like Checkflo.
Many companies are now opting to utilize check fulfillment services as a way to cut costs, increase professionalism and timeliness of checks. As business owner, it is up to you to find ways of lowering your business’s costs while raising your company’s brand awareness and that can be difficult with so many options available on the market when it comes to check fulfillment services.
When it comes to taking security measures, it is much better to be safe than sorry and that’s why Checkflo invested in the most advanced security features needed for check printing & mailing service.
Part of Checkflo service is our insert that transforms a great payment experience into a powerful marketing tool for your company by offering you the chance to include a personalized message.