Audio Converter: Video to MP3 is an iPhone app developed by Guangzhou Meilamei Technology Co. Ltd. This free app falls under the Business & Productivity category and offers users the ability to extract audio from videos easily.

Users can select videos from their Photos app or Files app and convert them into audio files effortlessly. The app provides features to adjust the time segment for extraction, export in various audio formats such as MP3, M4A, AIFF, CAF, FLAC, and WAV, set audio bitrate, play the converted audio, rename, and share audio files.

In-App Purchases are available for some features via auto-renewable subscriptions. Users can manage subscriptions and turn off auto-renewal through their account settings. For more details on privacy and user agreements, refer to the provided links in the app.