Found my solution
/*
* Enable COD for account holder
*/
function enable_cod_payment( $available_gateways ) {
global $woocommerce;
$user = wp_get_current_user();
$user_status = get_field('account_holder', $user );
if ($user_status == 'Yes') {
$available_gateways['cod'];
unset( $available_gateways['authorize_net_cim_credit_card'] );
}
else {
unset( $available_gateways['cod'] );
}
return $available_gateways;
}
add_filter( 'woocommerce_available_payment_gateways', 'enable_cod_payment' );