Paypal is an online payment system that will transfer any money you accumulate directly to your bank account. It is free to join but they will take a small charge for each transaction.
Some affiliate companies pay weekly or fortnightly but the vast majority pay once per month. I would not join a program that paid me less frequently than monthly.
Choosing your affiliate program is only a beginning but if you choosing wisely could make the difference between the success of failure of your affiliate marketing business.
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AT&T devCentral & BlackBerry(r) Webcast Series: BlackBerry and GPS -Build Location Awareness into your BlackBerry Applications, July 10th -1:00PM EST. 
