Maestro Global Rules (PDF) - MasterCard

Issuing
6.2 Card Standards and Specifications
Issuers, at their option, may encode CVC 1 on track 1 and track 2 in three
contiguous positions in the discretionary data field of the magnetic stripe of
a Card. For additional information about CVC 1 calculation methods and
encoding standards, refer to Appendix B, “Technical Specifications.”
6.2.1.7 Card Application Software and Personalization of Chip Cards
The card application software of Chip Cards must comply with the chip
technical specifications, as published from time to time, by the Corporation.
The personalization data of Chip Cards must comply with Card issuance
requirements set forth in the chip technical specifications, as published from
time-to-time by the Corporation.
In addition, the chip application of hybrid Cards must be type-approved by
the Corporation before Card issuance.
6.2.1.8 Application Software and Personalization of Maestro on >>
Access Devices and Mobile Payment Devices
The application software and personalization data for a Maestro PayPass
Access Device or Mobile Payment Device must comply with the technical
specifications, as published from time to time by the Corporation.
NOTE
An additional regional Rule on this topic appear in Chapter 20, “United States
Region,” of this rulebook.
6.2.1.9 Encoding of PIN Verification Value (PVV)
Issuers are strongly encouraged to encode a PIN Verification Value (PVV)
and to use the formula defined by the Corporation as shown in the technical
specifications. If a proprietary algorithm is used for the calculation of a PVV, or
the PVV is not encoded, Transactions authorized using the Stand-In Processing
Service will be authorized without PIN validation.
NOTE
Additional regional Rules on this topic appear in Chapter 17, “Europe Region,”
of this rulebook.
6.2.1.10 Track 3
Track 3 may be encoded, but it is not used for Transaction processing.
NOTE
Additional regional Rules on this topic appear in Chapter 17, “Europe Region,”
of this rulebook.
©1993–2012 MasterCard. Proprietary. All rights reserved.
Maestro Global Rules • 9 November 2012 6-7