UL, the goal of CPV is to ensure that every chip device bearing a Mastercard application complies with the latest Mastercard card personalisation requirements, and will be correctly accepted in payment acceptance devices. All mobile implementations not directly provisioned by the Mastercard Digital Enablement Service (MDES) require formal CPV approval to operate. In addition to the formal verification process, UL will also provide development testing and personal profile definition services for issuers and other organizations in order to comply with Mastercard requirements. ]>