An impact printer that uses a fixed number of pins or wires, typically arranged in one or several vertical columns. The pins strike an ink-coated ribbon and force contact between the ribbon and the paper, so that each pin makes a small dot on the paper. The combination of these dots forms a dot matrix image allowing for various types of characters and digits to be reproduced. While inkjet and laser printers technically exhibit dot matrix printing, they are not considered to be ‘dot matrix printers’. Dot matrix printers are often used for counterfeiting the serial numbers on banknotes.