Read some later articles. The first guy who did this was maybe that magician from Missouri, or at least one of the first ones (there aren't many). And it's turned out to be a useless gimmick, that magician's implant is currently inoperative. Forgot a password for re-programming it, or some such.

Mandatory microchipping people is firmly in sci-fi land, and, as many other things first tried out in sci-fi land it's not something particularly relevant for a very long time, I suspect. It's not very useful, to start with (compared to what we use already).

Online banking vs physical buildings.. that's a purely economic issue, and can't be compared to something like chipping.

Dogs and cats are microchipped because they can't talk, and for other non-human reasons.