Define light-year: a unit of length in astronomy equal to the distance that light travels in one year in a vacuum or aboutâ¦ â light-year in a sentence a unit of length in astronomy equal to the distance that light travels in one year in a vacuum or about 5.88 trillion miles (9.46 trillionâ¦
Mass Payment Processing. The biggest difference between Business and Premier accounts on PayPal is the payment system. With a Business account, you can send mass payments to large groups of people at once; the Premier account requires that you handle payments individually. Mass payments might be used to pay affiliates, pay employees or transfer rebates.
PayPal is a website that facilitates the transfer of money between you and someone else. Simply by signing up for an account, you can add a level of e-commerce to your personal finances or business. In addition to providing its customers with an online option, PayPal also offers a debit card for added convenience.