A payout is the transfer of funds to your PayPal account in the form of a deposit. All payouts will be made by PayPal directly into your nominted (linked) PayPal account. 

For more information on how to link a PayPal account to your Cheqdin account see 

How to setup PayPal for accepting online card payments with Cheqdin?

Payouts from PayPal depends on a number of factors such as the region/territory you're operating in, currency etc. When you first set up your PayPal account you will be required to complete some basic compliance checks and get your account verified. If you would like to contact PayPal regarding your account, please visit PayPal's Business Resource Centre website link below: