scope:

The purpose of this document is to specify the interoperable lifecycle management of applications used in Mobile Financial Services. As defined in ISO 12812-1, an application is a set of software modules and/or data needed to provide functionality for a mobile financial service. This part of the International Standard deals with different types of applications which is the term used to cover authentication, banking and payment applications as well as credentials. This part of the standard describes the basic principles required, or to be considered for the application lifecycle management. Because several implementations are possible with impacts on the lifecycle this document describes also the different architectures for the location of the application, the impacts of the different scenarios regarding the issuance of the secure element when present, the different roles for the management of the application lifecycle and the domains of responsibilities. It also specifies functions and procedures in the application lifecycle management.