Asbolutely. Tap to pay options, and the better ones have stopped pushing SMS for 2FA and they will prefer their own apps over third-party ones. JPMC, Capital One and E-Trade (now Morgan Stanley) definitely all do this.

Tap to pay is also doable with a credit/debit card, but paying via phone is a legitimately useful feature although also not remotely critical or something that would be world ending if it were disrupted.