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.
signing check image by jovica antoski from Fotolia.com. PayPalâs eCheck is a method of payment that works similarly to a traditional check. The only difference between a traditional check and an eCheck is that one is transmitted physically while the other is done electronically. An eCheck uses a bank account that is associated with your PayPal account to send payments. Typically, it takes between three to five business days for your recipient to receive your eCheck payment. PayPalâs eChecks can be used to make purchases or pay utility bills.