Enable or disable woocommerce payment gateway by ACF radio buttons in user profile.

enable_payment_method_from_user_profile_acf.php

<?php
/*
 * 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' );
?>