Apple Pay takes that a step further and I can now tap and go from my phone. It's incredibly convenient because I know it's supported everywhere with a payment terminal. And I do have a wallet, with my driver's license, my card, my public transport card and a few notes in it - it just stays in the glovebox of my car if I'm getting groceries or going shopping somewhere. That way I don't have to worry about losing it or having it stolen. Plus, for doing everyday things, I don't really feel like I have a need to keep ID on me at all times - and if I do, I just bring my license.
[1] https://www.straitstimes.com/singapore/motorists-can-still-r...
[2] https://www.singpass.gov.sg/singpass/common/shownric
[3] As told to me by someone working on the project
Even if you want to use Apple Pay 100% of the time, don't you have to carry a wallet for your driver's license at least? What's the big benefit for not putting a card, or worst case, a $20 note, in said wallet, for emergencies or even "Oh cool! A yard sale!" moments?
It feels like we're still a few years off from "everything on your phone" at least in the US.