Tokenization or Personalization?

Tokenization is a process of creating a virtual card – depersonalized token, linked to physical card. VegaPay allows issuing such token and loading it into any accessory one can find on our site.
To use tokenization scheme bank should be connected to Mastercard Digital Enablement Service (MDES)
Personalization is the process of issuing bank card for specified user in bank personalization center. Wearables can be personalized similar way.
To use personalization scheme bank can use existing personalization center facilities and doesn’t need to be connected to Mastercard Digital Enablement Service (MDES).