Around the world, more and more people go online to buy or sell goods and services. For 2010, the growth of global e-commerce sales reached 940 billion US dollars, according to forecasts. European market is experiencing the highest rates of growth (28%). PrivatBank 1891 acts as "multi-currency" joint acquirer; bank, which processes card transactions of contractors, i.e. those distributors who accept payment for purchased goods or services by means of the card.