In the first of its kind among South African banks and financial institutions, Discovery Bank will give clients the functionality to invite friends and family to sign up to the Bank – and for both clients and friends to get rewarded in the form of Discovery Miles, creating an eco-system of shared-value. “Internationally, some of the most successful technology-driven businesses, such as Airbnb and Uber, have reached unprecedented scale from “digital word-of-mouth” referrals and, at Discovery, we’ve always believed that our clients should be our greatest ambassadors as they experience our products first hand. Our banking platform is designed to offer an exciting user experience and facilitates a digital network where the rewards of shared-value banking can be multiplied across our client base – which is the foundation of Friend Referral Rewards,” says Discovery Bank CEO, Hylton Kallner.