How the free trial, the plans and cancelling work.
Plans
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1Velo starts with a 3-day free trial, then costs $2.99 a month or $29.99 a year (US prices; Google Play shows yours). Google Play handles the payment, and you can cancel any time before the trial ends without being charged.
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2Velo is the player only. Your channels, movies and series come from your own IPTV provider, which you pay separately.
Managing it
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1Settings → General → Subscription shows your plan. Manage Subscription opens Google Play, where you change or cancel it.
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2Using Velo on a phone and a TV? Sign both into the same Google account and one subscription covers them.