New Delhi, May 30 -- India's digital payments ecosystem and mobile economy have significant room for expansion, supported by technological innovation and growing consumer adoption, while transaction growth continues to remain strong despite concerns around inflation and consumption, said Paytm founder Vijay Shekhar Sharma.

"There is an opportunity to build the mobile and digital economy to a next level where the power of AI is scaling and taking it to the next level because, as you know, there are opportunities in terms of customer trust, in terms of relationship that a merchant and consumer have," Sharma told ANI on the sidelines of an event organised by Consumer X Ventures and D2C Insider.

Rejecting suggestions that inflationary press...