The newest dynamic rule introduced in the 2.2.0 update allows you to make available particular payment methods / gateways only when certain value thresholds are met.
For example:
- You can allows payments through Stripe only for orders above $100.
- B2B users can use bank transfers only for orders above $5000
- B2C users can checkout through COD only for orders above $500
The configuration is simple: select who the rule applies to, the payment method, and the minimum value.
The rule applies to cart totals, and even includes shipping costs. For example, switching between a flat rate shipping method costing $9, say postage, and a more expensive method, UPS, costing $25, the difference between the two can be enough to make a payment method available.