Could you please tell me how to do this and how much of a cut the credit card company will take.
Most businesses get onefrom the bank.
So, the first place to go for more information is your bank. If they cannot provide this service, they should be able to recommend a bank that can. Unfortunately, banks in some areas are still very reluctant to give merchant credit card accounts to Internet shops, particularly new start-ups. So, you may have to try several banks. If it is impossible to set up such an account, you can try contacting credit card services.