How does actually commoditize banking products? It just reduces the number of cards that you may or may not have in your wallet, with may or may not be a real p

How does actually commoditize banking products? It just reduces the number of cards that you may or may not have in your wallet, with may or may not be a real problem for a majority of people. My gut feeling as a tech guy with disposable cash is that this looks great and I'd love to have this as a cool toy, but honestly it does not fulfill any real daily need for the mass market or for general good.