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The IBM 1255 is a MICR reader/sorter. The IBM 1270 is an OCR reader/sorter that uses the same sorter engine as the IBM 1255 but with more processing hardware. The CMC-7 models of the IBM 1255 as well as the IBM 1270 were not offered for sale in the United States. [22] [23] The input hopper holds a 5-1/2" stack of documents that uses a gravity feed.
Products, services, and subsidiaries have been offered from International Business Machines (IBM) Corporation and its predecessor corporations since the 1890s. [1] This list comprises those offerings and is eclectic; it includes, for example, the AN/FSQ-7, which was not a product in the sense of offered for sale, but was a product in the sense of manufactured—produced by the labor of IBM.
CPCS is run on IBM System/360 and later IBM mainframe computers and receives the data from the document processor and can store information from the cheques, including the bank number, branch number, account number and the amount the check was written for, as well as internal transaction codes. [11] IBM withdrew CPCS from marketing on Nov 29 ...
It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners. NCR was founded in Dayton, Ohio , in 1884. It grew to become a dominant market leader in cash registers, then decryption machinery, then computing machinery, and computers over the subsequent 100 years.
PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
The company is well known for their machine-readable paper forms on which students mark answers to multiple-choice test questions [1] and the optical mark recognition (OMR) and imaging scanners that read them. To analyze those answers, the machines use OMR- and image-based data collection software. In addition to its forms and scanners ...
Check Advantage pricing falls squarely in the middle at roughly 10 cents per check for the most affordable option (a box of 150 single checks at $15.38), but it’s the on-time guarantee (printed ...
The resulting reader was a mechanical tour-de-force, combining five MICR readers with a large rotating drum that forced checks dumped in the top to come out the bottom single-file. The system was eventually able to read ten checks a second, with errors on the order of 1 per 100,000 checks.