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MICR is used very effectively for cheque processing within banks. Explain why this method was not originally chosen for EACH of the following.

a) MICR is used very effectively for cheque processing within banks. Explain why this method was not originally chosen for EACH of the following. In EACH case state which method is normally used and WHY:

i Processing customer purchases in a supermarket
ii Processing payments for utility bills
iii Recording of book issues in a library

 

 

 

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