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Wallet...app?
My wallet is in my pocket, it's got some cash, my cards, a plaster in case someone gets a cut, a clothes pin in case a button fails, and a spare hayfever tablet.
How am I going to pay for things in person using my phone - which is mostly the point of a wallet - if my phone battery is dead, or I don't have any data left for internet usage, or my phone crashes, or the app stops working, etc?
And why would I even have to pull my phone out at all, and risk it being snatched and stolen by a passing thief if I've got a perfectly functional debit card and cash in my actual wallet, which I don't mind having stolen anywhere near as much....
I mean, ok, you do you. There's a huge amount of people (me included) who find paying with their phone extremely convenient.
Also, this article is about giving users more choice, not forcing anyone to use a wallet app.