Check processing procedure

专利名称：Check processing procedure

发明人：Arthur James,Phillip M. Martinez,Michael

Walls,Keith Jentoft

申请号：US08/944155申请日：19971006公开号：US06085977A公开日：20000711

摘要：A method for using a POS printer that includes means for magnetizing andreading the ON-US and ROUTING information from preprinted magnetic characters on acheck. The characters are printed with an ink having magnetizable particles embeddedtherein. First, the ROUTING and ON- US fields of the check are magnetized, either by afixed magnet, or within the read head itself. Next, the characters within the ROUTING andON-US fields are read by the read head, and the signals analyzed by the electronics ofthe POS printer. This is followed by a verification, in which the printer electronicallyverifies that the account is not a \"bad\" account. If the account is good, the printercontinues to endorse the check on its back and/or encode the check by printing MICRcharacters in the AMOUNT field on the face of the check. The POS printer may magnetizeand read these characters after they are printed, in order to verify that the correctamount has been encoded onto the check.

申请人：AXIOHM TRANACTION SOLUTIONS, INC.

代理机构：Salzman & Levy

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