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How do some orders get marked as verified, what does that mean?

A verified order indicates that payment has been verified. If you are processing credit cards using a real-time processor and the payment is accepted it will be instantly verified by our system. For other types of payment such as fax, check, etc it will be the store admins responsibility to mark orders as verified when the payment is actually received in hand.  The verification checkbox is used internally by the system to acknowledge whether payment is made for a particular order.

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