Modern technology is supposed to make your life easier. However it has also created a new breed of criminal. As technology rapidly expands to include new ways to protect your money, criminals find new ways around these security measures. The incidences of check fraud continue to increase each year despite the security features offered by technology.
Small businesses are constantly looking for ways to cut costs and increase efficiency. One way to achieve this is by printing your own checks. Purchasing the equipment and software needed to print your own checks can be a pricey investment but it can make check printing more secure and overall less costly than having your checks pre-printed. Not only will you save money, the security that comes with printing your own checks can be viewed as an investment in the safety of your company’s finances if you follow a few basic steps.
Printing checks requires the use of MICR Technology. MICR or Magnetic Ink Character Recognition when used properly involves the use a computer, a laser printer, MICR toner, check printing software with micr fonts, and blank check stock with security features. It is important to understand how and why each of these items is used for check printing.
