Apply Pay not working on my apple watch
I recently purchased an Iphone 11 pro and paired it with my apple watch (series 5). I successfully added my credit card to my iphone but I couldn't do it on my watch. It only says "wallet" on my watch app on iphone and the only options are "mirror my iphone" and "custom" but custom only says "allow notification". I'm confused because my friend has series 4 apple watch but wallet and apple pay is working.
Would appreciate any input.
Apple Watch