CVM or Cardholder Verification Method is the method used to validate Authentication that the person presenting the Bank Card Number is the valid cardholder.
supports four CVMs:
All CVMs can be available on all payment types (credit, debit and prepaid) as defined by the Card Issuer
. The Merchant
chooses which CVMs they will support. The Card Issuer
sets a prioritized list of methods on the chip for verification of the cardholder.
There might be more information for this subject on one of the following: