Why do you need my residential address? PayPal needs your residential address in order for us to confirm your identity in connection with our obligation under certain Australian legislation. It must be a street address. We’ll use your residential address as your default billing address , but you can choose to nominate a different billing address .How do I edit the billing address linked to my credit card? Here's how you can change the billing address for your credit or debit card: Log in to your PayPal account. Click WalletWhy can't I add my card to my PayPal account? The billing address you provide must exactly match the one shown on your card statement. Check your debit or credit card statement to confirm that the addresses match.