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Subscription billing is a business model in which a customer pays a subscription charge to access a product or a service; whereas, subscription and billing management software is used to store payment data and process charges to automatically manage recurring revenue from customer subscriptions. Nowadays, E-commerce businesses use subscription and billing management software to retain consumers and create brand loyalty which makes the growth of Subscription and Billing Management Market. For more information visit the below URL http://www.marketresearchhub.com/report/europe-subscription-and-billing-management-market-report-2016-report.html