The Checkout Page of the WooCommerce plugin displays the Checkout form and hence you will also have some form controls on the Checkout page setting.
You can hide or make optional or required the Company Name, Address Line 2, and Phone fields. This is useful in case you only sell your products to individuals, not companies, or simply just want to collect less personal data about your clients or make this information mandatory.
You can choose to highlight the required fields on the Checkout page with an asterisk.
You can choose to Display Coupon Form on the Checkout Page.