Extension automatically cancels pending (unpaid) orders. It has configurable time period of checking orders.
The administrator and the customer will get notification by e-mail when the order is canceled.
Cancel Order extension for Magento: why do you need this?
Cancel Order extension for Magento is an easy tool for effective items management. Every product in a store is very important. Imagine the situation when a customer is willing to buy some product but he can't do this because he sees "out of stock" status on the product page. In reality, this item is in order that hasn't been paid for 5 days. It is likely that the customer who ordered the product has already forgotten about this. In this case, you lose the possibility to sell the item to the customer who really needs it.
The process of checking pending (unpaid) orders is time-consuming. We offer an easy solution for cancel order in Magento store.
return products back into stock.
Do you think our Cancel Order extension for Magento could be enhanced with a certain feature? You are the reason we build extensions, and you make our extensions better.
Cancel Order extension for Magento can be found at : System > Configuration > [MagenMagic.ext] Automatic Return Orders.
and enter your email to get notifications with links to cancelled orders.
Notification to customer by e-mail was added.