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Discovery Bank, the fastest growing bank in South Africa, has announced a host of new product features, updates and new offers. These updates build on enhancements around financial planning, financial wellbeing, sophisticated security features, and a more personalised and intelligent digital banking experience announced earlier this year.<\/p>\n
The additions to Discovery Bank\u2019s digital banking platform include several industry-firsts:<\/p>\n
Integrated crypto trading with Luno<\/strong><\/p>\n As a full-service bank, Discovery Bank offers a comprehensive suite of products, including flexible savings options, home and personal loans, real-time forex, and share trading. Expanding the range of assets that clients can now access, Discovery Bank is adding trading in over 50 crypto assets from December 2025.<\/p>\n \u201cThe financial world is evolving fast, and crypto assets have matured to become an accessible mainstream asset class,\u201d says Discovery Bank CEO Hylton Kallner.<\/p>\n \u201cOur clients \u2013 and South Africans more generally \u2013 are already engaged in this market, with one in 10 people holding crypto assets, and our regulation leading in the region and aligning with global norms.<\/p>\n \u201cAs a bank known for bringing the future of banking to its clients, we are thrilled to announce that we are the first mobile bank to partner with Luno, a leading crypto platform that is used by over 15 million clients,\u201d he adds.<\/p>\n \u201cWe\u2019re giving our clients the capability to easily invest in crypto assets and trade directly in the Discovery Bank app. We\u2019ll also reward them with Vitality Money Savings points for crypto balances in their secure Luno wallets. It provides Discovery Bank clients with access to the full liquidity and breadth of crypto-asset options provided by Luno, in the convenience of their Discovery Bank app.\u201d<\/p>\n With this partnership, Discovery Bank clients will be able to link their Luno accounts to seamlessly buy, hold and sell crypto assets such as Bitcoin and Ethereum, through the Discovery Bank app.<\/p>\n Discovery Bank clients will be able to track balances and transactions in real time, transfer funds instantly with no fees, and trade in more than 50 crypto assets.<\/p>\n James Lanigan, CEO of Luno, the largest cryptocurrency wallet and exchange operating in Africa, says the partnership allows Luno to offer Discovery Bank clients \u201cthe same robust safeguards to trade confidently alongside over 15 million Luno customers across Africa, Asia and Europe\u201d.<\/p>\n \u201cThis is a first-of-its-kind solution in Africa to integrate digital asset investing directly into a major mobile banking platform, and this partnership is a clear signal that crypto has moved from a niche to a mainstream investment choice for those looking to diversify their investment portfolio with digital assets,\u201d he adds.<\/p>\n \u201cCustomer trust, safety and experience are central aspects for both Discovery Bank and Luno, which makes this partnership a perfect fit. We\u2019re excited to see more people start their digital-asset-investment journey through this partnership as we continue to expand the offerings available to Discovery Bank clients.\u201d<\/p>\n TRUST Alert for enhanced banking protection<\/strong><\/p>\n In March this year, Discovery Bank introduced multi-layered\u00a0security features for added security when clients transact through the app, online or in-store.<\/p>\n Banking security is a high priority, and using pattern data and real-time analysis, Discovery Bank clients will now have added intelligent protection \u2013 with every transaction being individually risk-assessed in real time by its new TRUST Alert system.<\/p>\n Kallner explains: \u201cOur intelligent TRUST Alert system monitors potential fraud threats and identifies transactions that pose a risk, based on personal patterns, behaviours and other known financial safety threats. Every in-app and secure payment is analysed in real time, with a prominent TRUST Alert warning being displayed to clients about transactions when needed.<\/p>\n \u201cThe TRUST Alert gives an explanation about the elevated risk, providing a key moment for clients to pause and confirm transaction details \u2013 and decide what action to take. Incorporating continuous learning in this system, we help our clients identify and manage suspicious transactions to protect their money.\u201d<\/p>\n Discovery Bank app integration of Discovery products<\/strong><\/p>\n \u201cThe Discovery Bank app is now the primary digital channel for our clients for all their Discovery products,\u201d says Kallner.<\/p>\n \u201cEverything we\u2019ve done is designed with purpose and sets us up to offer even greater integration, and more products and rewards. Our updated app experience enables seamless access to the full Discovery ecosystem through a new, intuitive navigation and simple product activation.\u201d<\/p>\n The following integrated features are immediately available offering even greater convenience:<\/p>\n More lifestyle and entertainment rewards<\/strong><\/p>\n Discovery Bank has expanded its partner network, and has added DStv to its entertainment benefits in the Discovery Bank app.<\/p>\n From the second quarter of 2026, Discovery Bank clients can earn up to 25% back in Discovery Miles on DStv decoder packages, and up to 50% back in Discovery Miles on streaming packages. The bank is also offering clients up to 25% back in Discovery Miles when they pay their MultiChoice debit orders from a Discovery Bank account from December 2025.<\/p>\n \u201cAt Discovery Bank, we turn healthy behaviours, from spending responsibly to healthy food choices, staying active, or driving well, into real financial benefits with our rewards currency, Discovery Miles,\u201d says Kallner.<\/p>\n \u201cClients get added discounts on entertainment and utilities in the app, and at retail partners, double savings on Miles Day, and they can convert it into cash.<\/p>\n \u201cIt\u2019s now also possible for clients to earn up to 15% back in Discovery Miles across an expanded network of home, fashion, and lifestyle partners in the Discovery Miles+ Network.<\/p>\n \u201cClients can also access exclusive offers in the Vitality Mall, such as deals on the Nespresso Vertuo POP coffee machine and Nespresso coffee pods when paying with Discovery Miles.\u201d<\/p>\n In time for the holiday season, Kallner explains that Discovery Bank clients can earn Discovery Miles back when using the admyt ticketless parking app, powered by licence-plate-recognition technology.<\/p>\n \u201cIt\u2019s completely seamless,\u201d he adds.<\/p>\n And when clients make an in-store purchase of R250 or more with a Discovery Bank card between December 2025 and January 2026, and park using the admyt app, \u201cwe will automatically refund the parking costs in Discovery Miles\u201d.<\/p>\n \u201cClients simply park, shop, go and get rewarded. It\u2019s a great example of the integrated data, ecosystems and payment rails that underpin Discovery Bank,\u201d says Kallner.<\/p>\n This benefit will be activated once clients link their Discovery Bank card on the admyt app to pay for parking at over 70 locations across South Africa, including the V&A Waterfront, Mall of Africa, Canal Walk, Ballito Junction and Sandton City.<\/p>\n \u201cThe Discovery Bank app now serves as a gateway to lifestyle, financial, and rewards ecosystems, with instant connection,\u201d says Kallner.<\/p>\n \u201cWith every enhancement, we\u2019re focused on value, providing a seamless experience that\u2019s consistent, yet personalised, and to deepen engagement that increases the benefits for every client over time.\u201d<\/p>\n About Luno<\/strong><\/p>\n Investing in crypto assets may result in capital loss. Luno (Pty) Ltd is an<\/p>\n authorised financial services provider (FSP No. 53314) and registered credit<\/p>\n provider (NCRCP22123). The information should not be construed as financial<\/p>\n advice or as a solicitation to trade. All opinions and information provided are<\/p>\n for informational purposes only. Luno is a leading digital asset platform on a<\/p>\n mission to upgrade the world to a better financial system. Founded in 2013,<\/p>\n the company operates across Africa, APAC, and Australia, offering trusted and<\/p>\n responsible access to digital assets for over 16 million customers worldwide.<\/p>\n Luno continues to expand its suite of products and services, partnering with<\/p>\n top institutions across both the digital asset and traditional finance<\/p>\n sectors. Luno is certified ISO27001 compliant. The global certification<\/p>\n confirms security controls are in place across all business areas. Luno was<\/p>\n rated the most secure crypto platform globally in 2025 by Upguard, a global<\/p>\n third-party risk and attack surface management platform. Luno received a BBgrade<\/p>\n rating in CCData\u2019s Exchange Benchmark 2024, which ranks the risk<\/p>\n associated with digital asset exchanges. Luno publishes an independently<\/p>\n verified proof of reserve report monthly. Luno was rated the top<\/p>\n cryptocurrency exchange in South Africa in the MyBroadband survey released<\/p>\n in October 2025, as well as the February 20225 Analytico survey of South<\/p>\n Africa\u2019s preferred technology brands.\u00a0www.luno.com<\/p>\n About MultiChoice Group<\/strong><\/p>\n MultiChoice Group (MCG), listed on the Johannesburg Stock Exchange (JSE)<\/p>\n and a subsidiary of Groupe CANAL+, is a leading provider of entertainment<\/p>\n and related consumer services. The company has an expanding ecosystem,<\/p>\n underpinned by scalable technologies, and a track record now spanning<\/p>\n almost 40 years. MCG provides video entertainment products and services<\/p>\n through its linear and streaming platforms to millions of households across<\/p>\n 50 countries on the African continent and continues to grow by producing<\/p>\n and acquiring the best local, sport and international content and offering<\/p>\n tiered subscription packages and aggregated streaming services to its<\/p>\n customer base. MCG\u2019s superior technology capabilities enable it to continue<\/p>\n innovating around distribution, digital and payment solutions, and content<\/p>\n security to offer the best customer experience across the continent. Reaching<\/p>\n up to 100 million individuals daily, the MultiChoice Group is using its scale<\/p>\n and distribution to expand its platform to include sports betting and<\/p>\n interactive entertainment, fin-tech services, household services (focused on<\/p>\n internet connectivity and emergency response services) and ed-tech. Irdeto,<\/p>\n MCG\u2019s technology business, provides platform cybersecurity services which<\/p>\n protect over 6 billion devices and applications globally for some of the<\/p>\n world\u2019s best media and technology brands, as well as clients in the connected<\/p>\n industries sector.<\/p>\n About admyt<\/strong><\/p>\n admyt is a leading ticketless parking platform that utilises license plate<\/p>\n recognition (LPR) software to provide a seamless, ticketless and contactless<\/p>\n parking experience. With a track record of delivering world-class, techenabled<\/p>\n parking solutions since 2015, admyt is trusted by hundreds of<\/p>\n thousands of users and prominent property owners and is available at over 70<\/p>\n locations across South Africa. www.admyt.com<\/p>\n Discovery information<\/p>\n About Discovery Bank<\/strong><\/p>\n Discovery Bank is part of Discovery Limited, a financial services organisation<\/p>\n that operates in healthcare, life assurance, short-term insurance, investments,<\/p>\n banking, and wellness industries, in over 40 markets globally. Built on a<\/p>\n shared-value model, Discovery Bank is fundamentally designed to create<\/p>\n unique shared value for clients, differentiating the Bank from traditional<\/p>\n banking models. Clients are encouraged to manage their money well,<\/p>\n monetising healthy financial behaviours that lower their financial risk and<\/p>\n realises long-term default and risk savings for the Bank. Discovery Bank<\/p>\n shares this value with clients in the form of better interest rates, deep<\/p>\n discounts and significant rewards from an exclusive retail, lifestyle and<\/p>\n wellness partner network. The model has an overall positive impact on<\/p>\n clients, society and Discovery Bank \u2013 clients experience greater financial<\/p>\n wellbeing, the risk of defaults for Discovery Bank is lowered making the<\/p>\n business more sustainable; while improved financial behaviours such as<\/p>\n increased savings, higher retirement savings and lower debt levels, benefit<\/p>\n society as a whole. Behaviour change and rewards are enabled through<\/p>\n Vitality Money, an AI-powered programme on the Discovery Bank app that<\/p>\n gives clients an understanding of the behaviours that influence their financial<\/p>\n wellbeing, while giving them the tools to improve their financial behaviours.<\/p>\n The more clients improve their financial behaviour, the higher their Vitality<\/p>\n Money status and the greater the value they receive.<\/p>\n Brought to you by Discovery Life.<\/em><\/p>\n Moneyweb does not endorse any product or service being advertised in sponsored articles on our platform.<\/em><\/p>\n \u00a0<\/p>\n<\/p><\/div>\n\n