It's a system like PayPal BUT the problem with them is that many people fund their Accounts with Stolen Credit Cards, we usually wait 10 Days before we create a new order since we received almost 8 fraud Payments that where reversed. Notthing bad happened since we didn't activated their Accounts
I am very experienced with Stormpay. I have an account personally, and it works great for me. We have several customers paying with Stormpay. We are not currently offering it as a payment method on our site. We are looking to integrate it with Modern Bill. It has been requested, and I believe they will add it sometime. The reason Stormpay started was because of reasons like these: www.paypalsucks.com . I dont know how much of that is true, but its food for thought.