Also, most smartphones (especially GrapheneOS, iOS, Pixel, etc) are far more secure than desktops/laptops. So also from a security perspective it's better to do banking on a phone.
Where I live, people still carry cash (though not absurd amounts) and credit cards, and I understand that's what most pickpockets are after. Especially since, after covid, the limit for contactless payments has increased.
I would assume its more and more the case with phones as well. ~10-15 years ago I heard often about smartphones getting stolen out of people's pockets, etc. Not so much anymore.
Non-Apple laptops is probably a different game.