Description:A) TECHNICAL FIELD
[001] The present invention generally relates to a payment process for an online purchase and particularly relates to a computer enabled process for secured cash payment against a purchase on an e-commerce platform.

B) BACKGROUND OF INVENTION
[002] Proliferation of the internet has led to an emergence of e-commerce as a one-stop solution for shopping. After the introduction of smartphones and advent of continuous internet connectivity, e-commerce has become even more popular. E-commerce interfaces, such as e-commerce websites and e-commerce mobile applications, offer a wide catalog of products at the best available prices to customers. Therefore, the customers these days prefer such e-commerce interfaces over brick and mortar stores for purchasing products of their choice. In addition to reducing physical efforts, the e-commerce interfaces also minimize time that the customers have to spend on shopping.
[003] These e-commerce interfaces are usually linked to corresponding payment gateways that enable the customers to perform e-commerce transactions for purchasing the products. A payment gateway typically presents a payment interface to a customer for performing an e-commerce transaction, when the customer wishes to purchase a product. The payment interfaces offer a wide array of payment categories, such as net-banking, transaction cards, cash-on-delivery, e-wallets, and the like, to the customer for performing the e-commerce transaction. Each payment category has various payment options listed under it. For example, a net-banking category lists all available issuer banks as payment options to the customer. The customer usually scans through the listed payment options of the selected category to select a relevant payment option.
[004] Typically, from all the listed payment categories and options, only a few categories and options are relevant to the customer. Hence, it is very inconvenient for the customer to scan through the entire list of payment categories and options for the selection of a relevant payment category and option. In some scenarios, the customer is required to save some confidential information at the payment interface for certain payment categories, such as transaction cards, cash-on-delivery, e-wallets, or the like. For example, the customer is required to save debit or credit card details of her debit or credit cards at the payment interface, if she chooses to perform the e-commerce transaction by using the transaction card category. In another example, the customer may be required to save e-wallet details of her e-wallet at the payment interface, if she chooses to perform the e-commerce transaction by using the e-wallet category. The information saved at the payment interface may not be secure, and hence is a matter of concern for the customer. In addition, the customer is required to save the information at every payment interface that she uses for purchasing products, which in turn requires a lot of time and hence degrades the shopping experience of the customer.
[005] However, the conventional e-commerce platforms make only an electronic payment feasible and lacks in providing a cash payment feasibility for a purchase. The necessity of a secured cash payment option is also paramount as in remote areas or sub-urban location, villages and tier-2 cities due to internet connectivity issues, a payment gateway may get crashed leading to a payment dispute.
[006] Hence, there is a requirement of a computer enable process for secured cash payment over on e-commerce platform for a product or service purchase.
[007] The above-mentioned shortcomings, disadvantages and problems are addressed herein, as detailed below.

C) OBJECT OF INVENTION
[008] The primary objective of the present invention is to provide a computer enable process for secured cash payment over on e-commerce platform for a product or service purchase.
[009] Another objective of the present invention is to provide a hyperlocal architecture to enable an easy cash payment and verification of the same for confirmation of a placed order.
[0010] These and other objects and advantages of the embodiments herein will become readily apparent from the following detailed description taken in conjunction with the accompanying drawings.

D) SUMMARY OF INVENTION
[0011] The various embodiments of the present invention provide a computer enabled process for secured cash payment against a purchase activity performed on an e-commerce platform. The process comprises the steps of:
a) redirecting a user to a payment gateway page after completing a purchase on the said platform;
b) proposing an option of cash payment namely fingpay™/PayByCash/PayAtStore on a payment gateway page in addition to conventional electronic mode of payment;
c) redirecting the user to a cash payment page and detecting a user’s location;
d) proposing an option of selecting another user location or accepting the current location for the said purchase;
e) searching a plurality of registered retail stores for cash payment within a preferred radius in respect to the selection user location. The e-commerce redirects the payment gateway back to electronic payment option in scenario of no registered retail stores;
f) selecting at least one registered retail store for cash payment and submitting the selection to the payment gateway;
g) initiating a time tracker for confirmation of cash receipt from the registered vendor;
h) displaying a time period for making the cash payment at selected retail store. On failure of making the cash payment before running out of time period, the order automatically cancels; and
i) automatic processing of purchased order on successful confirmation of cash receipt via the payment gateway.
[0012] According to one embodiment of the present invention, the user is provided a radius modification option and is able to customize a shape of geofencing as per user’s preference.
[0013] According to one embodiment of the present invention, the fingpay™ provides an ability to automate a detection and cash payment confirmation option by enabling a preferred timeslot for visitation resulting in invoking a GPS activity of the user via a used mobile device.
[0014] According to one embodiment of the present invention, the fingpay™ provides an ability to automate a cash payment by recording a video of a hand to hand cash transfer and a video confirmation of cash receipt by the registered retail store.
[0015] According to one embodiment of the present invention, the fingpay™ provides an ability to automate a cash payment by recording an image of a hand to hand cash transfer and a video confirmation of cash receipt by the registered retail store.
[0016] According to one embodiment of the present invention, the fingpay™ provides a rating of the registered retail store and validates a cash transaction through verification of an image or a video of transaction, an input of successful transaction provided by both user and the retail store and verification of timestamp of transaction as well as GPS location of the user.
[0017] According to one embodiment of the present invention, the fingpay™ validates a cash transaction via one time password (OTP) generated post confirmation of submission by the user. The retail store is sent OTP to confirm the transaction.
[0018] These and other aspects of the embodiments herein will be better appreciated and understood when considered in conjunction with the following description and the accompanying drawings. It should be understood, however, that the following descriptions, while indicating preferred embodiments and numerous specific details thereof, are given by way of illustration and not of limitation. Many changes and modifications may be made within the scope of the embodiments herein without departing from the spirit thereof, and the embodiments herein include all such modifications.

E) BRIEF DESCRIPTION OF DRAWINGS
[0019] The other objects, features and advantages will occur to those skilled in the art from the following description of the preferred embodiment and the accompanying drawings in which:
[0020] FIG. 1 illustrates a flow diagram of a process of secured cash payment for a purchase made on an e-commerce platform, according to one embodiment of the present invention.
[0021] FIG. 2 illustrates a flowchart of a process of authenticating a cash payment and enabling a further process from a seller of a purchased product, according to one embodiment of the present invention.

F) DETAILED DESCRIPTION OF DRAWINGS
[0022] In the following detailed description, a reference is made to the accompanying drawings that form a part hereof, and in which the specific embodiments that may be practiced is shown by way of illustration. The embodiments are described in sufficient detail to enable those skilled in the art to practice the embodiments and it is to be understood that the logical, mechanical and other changes may be made without departing from the scope of the embodiments. The following detailed description is therefore not to be taken in a limiting sense.
[0023] E-commerce platforms primarily allows multiple electronic payment modes which is comfortably used by a huge user base. However, in certain locations like remote areas or sub-urban areas or tier-2 cities, a high value order is hardly placed through an e-commerce platform. Hence, most of such transactions takes place through a local retail store primarily via a cash payment. Fingpay™ makes the feasibility of integrating the e-commerce platform with a plurality of retail store to facilitate a cash payment for a purchase on e-commerce platform. Further, many consumers are more comfortable making the payment in cash and in person to avoid disputes and in case of disputes an easy mechanism to resolve with the help of person in proximity. There is a huge population across world, which still relies on assisted banking and there is a real need for secure cash payment for eCommerce as well. Additionally, several CoD (Cash on Delivery – where the customer makes the payment for the goods ordered at the time of delivery), eCommerce merchandise are returned for the reasons of not having CoD or reasons that would creep in because the consignee changed mind, and it was easy as the payment was not made for the ordered merchandise. Several merchants on eCommerce platform face losses due to this behaviour of customers and being able to get paid for the order even before it is shipped will dramatically cut down on such returns.
[0024] Fingpay™ is a cash payment web-based computer readable program that follows an automated computer enabled process to facilitate the cash transaction for a purchase on an e-commerce. In this process, a plurality of a retail stores registers themselves on the said computer readable program. The computer readable program is integrated to a plurality of e-commerce platforms as well as payment gateways leading to presentation of an option of cash payment either directly while checking out or after selecting a payment gateway on an e-commerce platform. The computer readable program follows undermentioned process for facilitating cash payment (as shown in FIG. 1):
a) redirecting a user to a payment gateway page after completing a purchase on the said platform (101);
b) proposing an option of cash payment namely fingpay™ on a payment gateway page in addition to conventional electronic mode of payment (102);
c) redirecting the user to a cash payment page and detecting a user’s location (103);
d) proposing an option of selecting another user location or accepting the current location for the said purchase;
e) searching a plurality of registered retail stores for cash payment within a preferred radius in respect to the selection user location. The user is redirected payment gateway back to electronic payment option in scenario of no registered retail stores (104 & 105);
f) selecting at least one registered retail store for cash payment and submitting the selection to the payment gateway (106);
g) initiating a time tracker for confirmation of cash receipt from the registered vendor (107);
h) displaying a time period for making the cash payment at selected retail store. On failure of making the cash payment before running out of time period, the order automatically cancels; and
i) automatic processing of purchased order on successful confirmation of cash receipt via the payment gateway (108).
[0025] According to an exemplar embodiment, the said process is alternatively implemented in following manner:
[0026] 1. Customer to complete the Shopping and move to payment page.
[0027] 2. Payment options such as Card, UPI, Net Banking & PaybyCash to be displayed.
[0028] 3. Customer to select PaybyCash and Fingpay Web View integrated in the Payment Gateway to be evoked by passing below parameters:
• Customer Name
• Customer Mobile Number
• Customer Email Id (optional)
• Customer Location: PG to capture and provide exact GPS location.
• Amount
• PG Merchant Name (Amazon/Flipkart etc)
• Merchant MCC Code
• PG Merchant Order/ Service ID for the Customer
• Transaction Unique Reference id shared by Payment Gateway
• Currency
• Date & Time of Request
[0029] 4. Accordingly active merchants within 2km Vicinity to be displayed and customer to selects any 1 merchant,
• If there is no merchant to display than message to display “No Nearest Merchant Found, Select other Location” Or Move Back to Payment Mode Selection option to be provided, so that Web View to be closed and moved back to Payment Gateway Page.
• Customer to have option to select, either a map view or a list view. In Map view, Customer can select a merchant and check the approx. distance on map from his location. Under List view, All the merchants in the vicinity will be displayed along with approx. distance, merchant name & address.
• Option to change the location manually will be provided (Pincode & pin drop feature) (in case the customer is placing order for someone else)
[0030] 5. Once the merchant is selected, the confirmation page (It would be done locally without requiring a server call) showing the OTP, Summary of the selected merchant detail, Confirmation message and option Confirm & Close option to be shown below. Customer if wants to edit the selected merchant, clicks pencil icon next to the merchant’s name.
• Confirm Message: “Visit the selected merchant within 24hours and share the above OTP with the cash payment- Do Not Leave the Store unless you receive a successful Cash Deposit message from Fingpay”
• Customer if ok with the summary clicks on Confirm & Close button on the page and redirect back to Payment Gateway Confirmation Page.
[0031] 6. The Initiated status provided to Payment Gateway so that same can be provided to the Merchant application (Amazon/ Flipkart) and the payment journey to end.
[0032] 7. Merchant to receive a notification regarding the request on Fingpay CMS Application
[0033] 8. Customer to Navigate the merchant using the location received in SMS and provide the OTP to the merchant.
[0034] 9. Merchant to enter the OTP in the Fingpay application and collect the payment.
[0035] 10. Payment Completion confirmation provided to the Customer and Payment gateway partner along with the transaction ID.
[0036] 11. Payment Gateway to confirm the same to Merchant Application and Merchant Application to arrange to dispatch of the product/service.
[0037] According an embodiment of the present invention, a computer implemented process is followed for authentication a cash payment and activation of placed purchase order:
a) Submission of a proof of cash transaction in a format of ‘e-payment to the registered retail store” screenshot or image of a cash payment or voice confirmation by the retail store or a video of a cash payment (201);
b) Generating a confirmation one time passcode to the retail store for confirming the submitted proof (202);
c) On successful receipt of one-time passcode, authenticate the cash payment (203);
d) Sending a confirmation notification to a seller of the purchased commodity on the e-commerce platform as well as the user (buyer) and activating the purchase (204).
[0038] The present invention allows an additional and secured layer of payment by inclusion of user’s reliable hyperlocal retail stores for facilitating a sale in urban as well as non-urban regions thus leading to far more inception of e-commerce.
[0039] The present invention allows a new e-commerce websites or individual websites to adopt Fingpay™ as cash payment option and still providing an inter region supply chain while in the current scenario this is possible only if the e-commerce platform has integrated a payment gateway which is cumbersome as well as costly option.
, Claims:1. A computer enabled process for secured cash payment against a purchase activity performed on an e-commerce platform comprising the steps of:
redirecting a user to a payment gateway page after completing a purchase on the said platform;
proposing an option of cash payment namely fingpay™/PayByCash/PayAtStore on a payment gateway page in addition to conventional electronic mode of payment;
redirecting the user to a cash payment page and detecting a user’s location;
proposing an option of selecting another user location or accepting the current location for the said purchase;
searching a plurality of registered retail stores for cash payment within a preferred radius in respect to the selection user location, wherein redirecting payment gateway back to electronic payment option in scenario of no registered retail stores;
selecting at least one registered retail store for cash payment and submitting the selection to the payment gateway;
initiating a time tracker for confirmation of cash receipt from the registered vendor;
displaying a time period for making the cash payment at selected retail store, wherein on failure of making the cash payment before running out of time period, the order automatically cancels;
automatic processing of purchased order on successful confirmation of cash receipt via the payment gateway.
2. The process as claimed in claim 1, wherein the user is provided a radius modification option and is able to customize a shape of geofencing as per user’s preference.
3. The process as claimed in claim 1, wherein the fingpay™ provides an ability to automate a detection and cash payment confirmation option by enabling a preferred timeslot for visitation resulting in invoking a GPS activity of the user via a used mobile device.
4. The process as claimed in claim 3, wherein the fingpay™ provides an ability to automate a cash payment by recording a video of a hand to hand cash transfer and a video confirmation of cash receipt by the registered retail store.
5. The process as claimed in claim 3, wherein the fingpay™ provides an ability to automate a cash payment by recording an image of a hand to hand cash transfer and a video confirmation of cash receipt by the registered retail store.
6. The process as claimed in claim 3, wherein the fingpay™ provides a rating of the registered retail store and validates a cash transaction through verification of an image or a video of transaction, an input of successful transaction provided by both user and the retail store and verification of timestamp of transaction as well as GPS location of the user.
7. The process as claimed in claim 3, wherein the fingpay™ validates a cash transaction via one time password (OTP) generated post confirmation of submission by the user, wherein the retail store is sent OTP to confirm the transaction.