When you want to set up a merchant account for credit card processing in your online shop, you must check whether you have all the basic payment gateway options. Today most of the companies offer a lot of powerful sales options to the merchants which if effectively used can make their business very efficient and they can generate a lot of reports automatically based on the options you have in your payment gateway. Such reports are important to review the shopping trend in your store. Merchant account service providers like Powerpayservices.com offer many useful payment gateway options.

Some of the important options that a payment gateway should have include the following:
Shipped/Order Executed – This option allows you to capture the orders after the payment is made and approved. Once you capture the order and mark them as shipped or executed then the payment processor will transfer the funds to your account.
Pending – This option will be used when the payment has not reached the merchant or when a refund has not been completed.
Cancel – This option allows you to cancel an order if you are unable to meet the requirements of your customers. You will have to check with your service provider on the duration within which you will be able to cancel the order.
Partial execution – This option is useful when you want to make a partial refund because of the partial fulfillment of the order.