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Robb Kinnin wrote:
Re: VC - hold the phone
From: Shawn Hogan
Date: Friday, July 9, 1999
Time: 9:22:40 am
>While I have little knowledge of the new Virtual Check feature within
>Optigold I foresee a potential problem.
>
>I just got off the phone with my bank and spoke with another client of
>mine who does something similar and found out that the "MICR" [the
>transit, account, and check numbers] which appear at the bottom of every
>check needs to be printed with a special [magnetic] ink/toner and of
>course needs to be in "MICR" font.
>
>While I have not actually tried this new feature I thought I would throw
>out the MICR font issue and ask where people are buying MICR ink/toner
>from. You may not want to send a check [w/o the MICR toner] into the
>bank - they might construe it as fraudulent. :-(
>
>...of course, if this has already been worked out please tell me to stand
>down and then give me the necessary education on where to purchase the
>toner from.
You can get magnetic toner for your laser if your bank still uses the
magnetic readers. Most banks have switched to an optical reader though.
I did a quick search for a place that sells magnetic toner, and here's
one:
http://www.sensible-solutions.com/micr_toner_prices.htm
- Shawn
-------------------------------
Shawn D. Hogan
President, Digital Point Solutions
http://www.digitalpoint.com
(619) 452-3696
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