Wednesday, June 17, 2009

RegaloCard to Launch Free Replacement to Costly Money Transfer Services

Miami, Fla. (PRWEB) June 16, 2009 -- RegaloCard, a revolutionary new type of Gift Card that allows the US Hispanic Community to instantly send their relatives back home what they need absolutely free, announced that the RegaloCard service will be available to the public starting this month. RegaloCard is a prepaid gift card that you can buy in the United States but whose PIN to redeem the gift card is delivered instantly via mobile technology to the person you choose in Latin America, to make purchases at leading local retailers. After two years of stealth development, RegaloCard has developed a proprietary mobile technology and payment platform to create a new business segment, the "International Gift Card" which is estimated as a $350 Billion dollar market opportunity and provides a unique twist to two large business segments the Money Transfer and Gift Card markets.

RegaloCard is fast and easy to use. Consumers merely choose the gift card they wish to send to their families from the leading brands in their home country, and provide the name and cellular number of the recipient. Using the latest mobile technology the recipient in Latin America instantly receives a RegaloCard PIN which they can use to make purchases at any of the retailers locations. The RegaloCard service works with all mobile handsets and all carriers worldwide and is delivered instantly 24 hours a day 365 days a year, so recipients no longer have to go the bank or only receive gifts from their family members during banking hours. RegaloCards are available from the best known retail brands in country allowing consumers to choose from brands they know and love and have grown up with in their home country.

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