At the top of every page in Etsy (when you are signed in) is Your Shop: ShopName, a link. Hover your mouse over that, a menu appears. Click on Shop Payment Account. That is where you can see your money that Etsy has received for you for Direct Checkout. The item is paid for, you should ship it and mark it shipped. Buy delivery confirmation to have a tracking number and be eligible for Seller Protection.
If you've been open on Etsy 90 days, then payments go out to your bank account every Monday. You can also schedule them to happen before that, too. Scheduled payments go out in the afternoon of the scheduled day, I believe.