Cryptogram Result of a cryptographic operation which transforms data either to hide the data, or to

produce a digital signature that may be used to verify the origin and integrity of the data.
Cryptographic Key The numeric value entered into a cryptographic algorithm that allows the
algorithm to encrypt or decrypt a message. CVM List An issuer-defined list in the chip card’s payment
application profile indicating the hierarchy of preferences for verifying a cardholder's identity. Data
Encryption Standard (DES) The public domain symmetric key cryptography algorithm of the National
Institute for Standards and Technology. Dynamic Data Authentication (DDA) A method of offline data
authentication used to verify that issuer-selected card data elements and transaction-specific
dynamic data elements have not been fraudulently altered and that they come from a valid card.
DPAS D Payment Application Specification – The Discover and Diners Club International EMV-based
ICC Specifications. Elliptic Curve Cryptography (ECC) A public key cryptosystem which requires
smaller keys and is significantly faster to process than RSA. It is used for data encryption and
authentication. EMVCo EMVCo LLC, a company that manages, maintains, and enhances the EMV
Chip Specifications jointly owned by the Payment Systems. Floor Limit A currency amount below
which an online authorization is not required for a single transaction unless a service code is present
which requires online authorization. International Organization of Standardization (ISO) The
international agency that establishes and publishes international technical standards. Issuer A
financial institution that issues cards and whose name appears on the card as the issuer (or, for cards
that do not identify the issuer, the financial institution that enters into the contractual relationship
with the cardholder). Issuer Application Data Payment system defined application data for
transmission from the chip card to the issuer in an online transaction. J/Smart JCB EMV-based ICC
Specifications Kernel A piece of terminal application software that supports the EMV payment
application functions as defined in the EMV Specifications. The non-EMV functionality that supports
functions like the printer and display, and building messages to send to the acquirer, is not
considered part of the kernel. M/Chip MasterCard EMV-based ICC Specifications