Mick BurrellWhen you transfer data from an old phone to a new one, your credit cards in wallet transfer too but they don't really! It's likely (unless not all card issuers work the same way) that you'll have to delete the cards and enter them again to authorise them with the new phone.
Yes, I did find out the hard way by having my card (phone!) declined in a busy garage! Being declined generated a security issue which locked the card so I couldn't even use the physical card I had with me. My case comes up next week ;-)