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Make sure your web host can provide you the services you need
If you are going to be selling products or services directly from you web site, then you will need to make sure your Web Host can offer you the services you need.
If you're selling products/services finish up your website
At this point you will more than likely need to have your web host picked out, so that you can add the finishing touches to your web site. Like the appropriate links to accept a credit card payment, etc.
Instant payment - Make sure it's secure
I haven't run across a company like this yet, but be SURE that any company receiving credit card information for your customers has a Secure connection using SSL on the web. It should be mentioned on their web pages somewhere, and you can check and make sure it is secure after setting up their service, by going through the steps to place and order.
 
Merchant Account Forum - Disccusions and articles on various merchant account and 3rd party processing companies.
Accept Credit Cards
Merchant Accounts
To sell services or products you will almost always need a merchant account through a bank to accept credit card payments. You will usually have to pay a monthly fee, along with a transaction fee, and possibly a few other fees. If your company is small and the payments you receive by credit card doesn't warrant paying all those fee's, there is an alternative. Check out the section on accepting credit card payments without a merchant account.
To obtain a merchant account, you may want to talk with your current bank, and/or check out the following companies:
None listed yet.
Credit Card Processing with a Merchant Account
iBill.com
Credit Card Processing without a Merchant Account
CCNow
iBill.com
NoMerchantAcct.com - Listing/Reviews of online credit card processing companies
ShareIt!
Other forms of instant payment
900 Number
Coming soon.
E-Checks
PayByCheck
Online Services
PayPal - Accept direct payments from other PayPal members.
Checks/money orders
Of course you can always accept Checks and Money Orders like you normally would. But if you are selling products online, it is recommended to have some form of instant payment. Without a form of instant payment you may miss out on a large portion of potential customers because of a lack of convenience. A large part of being online is convenience.
Shopping Carts
Coming soon.

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