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 one of the world's largest internet payment companies. The company operates as an acquirer, performing payment processing for online vendors, auction sites and other commercial users, for which it charges a fee.hrough PayPal, users can send or receive payments for online auctions on websites like eBay, purchase or sell goods and services, or donate money or receive donations. It is not necessary to have a PayPal account to use the company's services.