Kudosta

This plugin is used to allow available payment method according to IP address. 
Ex. If you wants to allow COD (Cash on delivery) method for specific IP then just need to add IP address and choose 
payment method then save when you go to checkout page COD (Cash on delivery) method will appear there if IP address match.

Woocommerce IP Based Payment Method

Adds ability to make available payment method according IP address.

ProgrammeLab

Rizvi

Try out the ultimate security plugin for WooCommerce. Protect your online store against malicious actors by restricting your shop pages based on specific IP addresses and countries.
We believe that security should have the absolute minimum effect on your online store’s performance, user experience, and maintainability. Therefore, Ultimate Security for WooCommerce is:
✅ Lightweight: Every security feature is developed with a modular approach and performance in mind. Disabled features won’t load any redundant code.
⚙️ Easy-to-use: The configuration options are some of the easiest-to-use settings available on WordPress.
Privacy Policy 
The restricted IP, countries, etc information are stored on your server. No information is transmitted to third parties or remote server locations. 
This plugin uses “http://www.geoplugin.net/php.gp?ip=” to detect users ip and restricts it by matching from your own database that you have selected You can find more about the service from the site “https://www.geoplugin.com/webservices/php”.

Woocommerce IP Based Payment Method vs Ultimate Security For WooCommerce