Street or P.O. box must be entered for payment method &

What causes this issue?

Data error: According to Customizing, the payment method used (&V1&)
can only be used for business partners (payees) who have a valid
address entered in their master data. The payment in question has the
key &V2&.

System Response

Processing is terminated.

How to fix this error?

Choose another payment method or change the configuration of the
payment method in the country.

Error message extract from SAP system. Copyright SAP SE.