Which order status indicates that an order has been completed successfully?

The status that indicates an order has been completed successfully is "Complete." When an order reaches this status, it signifies that all items have been successfully processed, payment has been confirmed, and the order has been shipped to the customer. This is the final state of the order lifecycle in Magento, indicating that there are no pending tasks or actions required from the business or customer.

Understanding the implications of this status is crucial for store operations as it helps in tracking the fulfillment of orders and managing customer satisfaction. When an order is marked as complete, it allows both the merchant and the customer to have clarity on the transaction, ensuring a smooth post-purchase experience.

The other statuses play different roles in the order management process. For instance, "Pending Payment" indicates that an order has been placed but payment has not yet been confirmed. "Closed" may suggest that an order is no longer active, but it does not necessarily imply that the order has been fulfilled. "On Hold" indicates that there are issues preventing the order from being processed further, which is contrary to the state of having a successful and complete order.