Introduction
Setting up a collection method on a savings product is essential, as it determines how funds are deducted to fund a user’s savings. A hybrid collection method offers flexibility by allowing users to save using either their debit card or through direct debit (bank account). This approach improves user experience and increases the chances of successful savings contributions by providing multiple funding options.
Steps
To set up hybrid as a collection method on a savings product, please follow the outlined steps:
Navigate the Products Management Section
Click on Savings Products and select the the savings product you would like to select a hybrid collection method on
Click on the three dots for the more options and click on ‘Edit’
This takes you to the page to edit the savings product
Scroll down to funding method and select the drop down
Select hybrid funding method and proceed to save your changes
