The GeoIP library comes with a few options. Here is the full list of the options you can find in the GeoIP system plugin settings:
Sync GeoIP Database
| Create a MaxMind GeoLite2 account | Link to create a MaxMind GeoLite 2 account. | 
| Create a License Key | Link to create a MaxMind License Key. | 
| License Key | Enter your MaxMind License Key (see link above). | 
| Database Version | This area shows the date of the current GeoLite2 Database version installed on your website. | 
| Sync GeoIP Database | Update your GeoIP database to the latest version of the MaxMind GeoLite2 database. The MaxMind GeoLite2 database gets updated on or just after the first Tuesday of the month.  | 
| Re-Download Database | Use this to force-download the database even if it is already up-to-date. This can be useful if the database is broken for some reason. | 
Advanced
| Show Notices | Select to show a warning message in the administrator when the GeoIP database file is missing or outdated. |