India’s digital payments ecosystem and mobile economy have significant room to grow, driven by technological innovation, rising consumer adoption and the accelerating use of artificial intelligence (AI), Paytm founder and CEO Vijay Shekhar Sharma said on Saturday (May 30). Speaking on the sidelines of an event organised by Consumer X Ventures and D2C Insider, Vijay Sharma rejected concerns that inflation or softer consumption are slowing transaction volumes and predicted continued resilience and expansion in payments activity. AI as a force multiplier for businesses Vijay Sharma made a case for artificial intelligence as a transformational enabler across businesses, saying it can increase scale, improve operational efficiency and deepen customer engagement.