Can I show Payment Pending instead of Order Cancelled if the payment is declined for an order

Question: I am an administrator for our storefronts,My issue is that the order is not canceled, but its payment is pending so Instead of having the order list saying "order cancelled" in Pressero admin why not have the order list say "order payment pending?" Not "order canceled."?

 

Solution: Unfortunately the current behaviour will only  allow any order that has not been paid and uses an integrated credit card payment method will arrive in Pressero admin as "order cancelled" until the client finishes payment.
 
What happens is when the user clicks the check out button, the order will be placed in Pressero - before payment, it will be in a cancelled state until the order is successfully paid,for most orders that should only be a few seconds,sometimes users fail to pay for whatever reason,those orders will be in admin as cancelled, That way you can contact the customer and they don't have to re-enter the order.
 

Alternative way of achieving your goal:
 
However I have an alternative suggestion for you to see the Order status as "Order Pending Payment" in the admin if the Order is still waiting for the payment.
 
In order to achieve this what I can suggest is to make the changes in the Workflow created for the products under Admin>Preferences>Workflow>Edit Workflow>Edit Stage "Order cancelled">Save Stage>Save workflow.
 
By default this should have three stages Order Received,Order Completed & Order Cancelled to be a valid workflow.
 
Now the trick you can apply here is Change the Internal Name of the stage "Order Cancelled" to "Order pending Payment",