I'm working on a profile for MasterCard EMV cards on M/Chip Select 4 version 1.1a, and I need some help understanding the data elements for the 9F7E (Application Life Cycle Data) tag value. Unfortunately, the MasterCard manuals do not explain this tag's purpose nor the corresponding data elements very well.
I understand from the manuals that the first byte is for the version number - easy enough. However, the other 47 bytes represent data elements I'm not familiar with, such as "Type Approval ID", "Application Issuer ID", and "Application Code ID."
Are these data values generated during transaction processing, or are they static values residing on the card?