If you want to Download image as Bitmap using Picasso following code will help you:

Picasso.with(mContext)
        .load(ImageUrl)
        .into(new Target() {
            @Override
            public void onBitmapLoaded(Bitmap bitmap, Picasso.LoadedFrom from) {
               // Todo: Do something with your bitmap here
            }

            @Override
            public void onBitmapFailed(Drawable errorDrawable) {
            }

            @Override
            public void onPrepareLoad(Drawable placeHolderDrawable) {
            }
        });