Depends on the type of online business you want to do.1. If you want to provide a service the same way say eBay, amazon is doing then you can use payment processors such as:PayPalMoneybookersNochexPPPayetc, to collect payments online. it s easy, instant too. The payment processors I mentioned above usually come built in when you buy the auction/classifieds php software.2. If you want to set up an online store selling products, you ll need to buy a shopping cart which would already have built in payment processors to collect debit/credit card payments.
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Go to your banks homepage and find merchant services. Click on merchant card processing. Go from there. Here s the link at Bank of America