To start receiving payouts, you must first activate PAID.
The PAID option is only available once your account has more than 10 downloads in the last month.

If you are below that threshold, keep publishing and check again next month. See this article to learn more.
Once you’re eligible, go to your account, under the Monetization tab, activate PAID.
First, scroll down and accept terms and condition.

Then, link your PayPal account.

You'll receive an email once the account is connected. Payouts can only be sent after PayPal is connected, so confirm you’ve added the correct PayPal email.
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