To cancel a subscription payment:

Locate the payment in the 'Subscriptions' tab and tap it to go to the 'Subscription details' screen.

Tap the 'Cancel subscription' button at the bottom of the screen and then tap the 'Yes' button to confirm that you would like to cancel the subscription payment.

Once a subscription is cancelled, no further payments will be processed for that subscription.

Also see: How do I process a subscription payment?
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