hook into payment on hold woocommerce code example

Example 1: woo set status to completed with cash payments

add_action('woocommerce_order_status_changed', 'ts_auto_complete_by_payment_method');

function ts_auto_complete_by_payment_method($order_id)
{
  
  if ( ! $order_id ) {
        return;
  }

  global $product;
  $order = wc_get_order( $order_id );
  
  if ($order->data['status'] == 'processing') {
        $payment_method=$order->get_payment_method();
        if ($payment_method!="cod")
        {
            $order->update_status( 'completed' );
        }
      
  }
  
}

Example 2: woo set status to completed with cash payments

add_action( 'woocommerce_thankyou', 'wc_auto_complete_paid_order', 20, 1 );
function wc_auto_complete_paid_order( $order_id ) {
    if ( ! $order_id )
        return;

    // Get an instance of the WC_Product object
    $order = wc_get_order( $order_id );

    // No updated status for orders delivered with Bank wire, Cash on delivery and Cheque payment methods.
    if ( in_array( $order->get_payment_method(), array( 'bacs', 'cod', 'cheque', '' ) ) ) {
        return;
    } 
    // For paid Orders with all others payment methods (paid order status "processing")
    elseif( $order->has_status('processing') ) {
        $order->update_status( 'completed' );
    }
}

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Misc Example