Yeah you can use acetone to get the chip and antenna out of the card and then resin or cast it into a wand.
But really wouldn’t it be cleaner just to make a plaster cast of an apple watch, and then cast a vinyl or rubber star with the ability to insert said watch later, to make contactless payments with?
edit: apparently this is so common there are etsy shops for them https://www.etsy.com/market/credit_card_wand