RegaloCard, a prepaid gift card that allows the US Hispanic Community to instantly send their relatives back home what they need absolutely free, announced that its RegaloCard service will be available to the public from starting June 2009.

The company has developed a proprietary mobile technology and payment platform to create a new business segment. Consumers can 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 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.

RegaloCard service works with all mobile handsets and all carriers worldwide and is delivered instantly 24 hours a day 365 days a year.

Initially focusing on the US Hispanic market, RegaloCard plans to expand the service to other regions in the near future that have a large number of immigrants residing in the US.