This U.S. Payments Forum’s latest white paper explores the transformative potential of contextual payments within the realms of artificial intelligence (AI), 5G wireless technology, and internet of things (IoT). Contextual payments enable the promise of seamless transactions embedded within everyday activities, leveraging advanced technologies to enhance user experience and operational efficiency. By integrating AIdriven decision-making, high-speed 5G connectivity, and IoT-enabled devices, contextual payments offer an opportunity for a potentially frictionless and secure payment process that aligns with consumer behavior and preferences. The paper describes use cases, including smart retail, autonomous vehicles, smart homes, and healthcare, illustrating how these technologies can revolutionize commerce. Also addressed are critical considerations such as security, consumer consent, and infrastructure requirements. The white paper goal is to provide a broad overview to help orient and assist stakeholders considering how to navigate the complexities and opportunities of this innovative payment ecosystem. In conclusion, the combination of AI, 5G, and IoT in contextual commerce payments is set to transform the landscape of digital transactions across retail, housing, mobility, entertainment, and other sectors. Technology synergies will drive unparalleled levels of convenience and personalization in a secure way. Bringing this convenience to the consumer will shift transactional responsibilities from consumers to the infrastructure, requiring effective management of complex back-end systems to ensure seamless experiences. This white paper serves as a wide-ranging guide for helping stakeholders to better understand, prepare for, adopt, and leverage the transformative power of contextual payments and agentic commerce, highlighting stakeholder considerations such as infrastructure requirements, security, and authentication. Technological convergence offers vast opportunities for innovation in contextual payments.