The problem is that cards still work really well.
Leslie Berland who leads digital partnerships and development at American Express anticipates that in the future, a black card or a gold card won’t mean any more than a purple card, because you won’t have a card at all. Even American Express believes the plastic in our wallets eventually will go away.
http://www.wired.com/2014/06/even-credit-card-companies-think-plastics-days-are-numbered/