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Shared Check Authorization Network ( SCAN) is a database of bad check writers in the United States. The database is used by retailers in order to reduce the number of bad checks received. The database keeps track of those who have written outstanding bad checks to any retailer using the system, and retailers can determine, based on these ...
Security barriers in a British Sainsbury's shop require customers to scan receipts before being allowed to leave the premises. Failure to scan all items is a form of shoplifting . This can happen innocently when a customer scans only one item of a "buy one, get one free" promotion, or deliberately by a customer at a self-checkout.
Remote deposit or mobile deposit is the ability of a bank customer to deposit a cheque into a bank account from a remote location, without having to physically deliver the cheque to the bank. This was originally accomplished by scanning a digital image of a cheque into a computer then transmitting that image to the bank, but is now accomplished ...
Small portable scanners, either roller-fed or "glide-over" hand-operated, operated by batteries and with storage capability, are available for use away from a computer; stored scans can be transferred later. Many can scan both small documents such as business cards and till receipts, and letter-sized documents. Smartphone scanner app
According to the Federal Trade Commission, small businesses should be on the lookout for phony invoices and unordered merchandise. Scammers send out fake invoices and hope businesses won't notice ...
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type ...
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