Where I lived over the last years (two countries in Europe), I don’t even have to use the physical card. I just use contactless payments with the phone. Prior to that, it was contactless with card. Even ATMs work with contactless (not all, yet). Prior to that, it was chip. I honestly don’t even recall the time when the magnetic stripe was needed.
(edit) Think of this: I made an account with one of these neo banks, ordered the card too, and it took me over a year to activate it. I still don’t use it. I just installed the virtual card into the phone’s wallet and used the account like that.
Where I lived over the last years (two countries in Europe), I don’t even have to use the physical card. I just use contactless payments with the phone. Prior to that, it was contactless with card. Even ATMs work with contactless (not all, yet). Prior to that, it was chip. I honestly don’t even recall the time when the magnetic stripe was needed.
(edit) Think of this: I made an account with one of these neo banks, ordered the card too, and it took me over a year to activate it. I still don’t use it. I just installed the virtual card into the phone’s wallet and used the account like that.