A €50 Transcash voucher pays ₦60,680 in Nigeria today, and a €500 voucher pays ₦606,802. In Ghana the same two vouchers fetch ₵524.05 and ₵5,240.48. Those figures are printed on our rates page, captured on 2 November 2026, when the dollar reference line read ₦1,348.
The board lists Transcash under gift cards because the payout works the same way. Strictly, it's a prepaid voucher. The balance sits on a code, not on a shop account, so it doesn't matter which store you would have walked into.
Transcash has one band on the board: €50 to €500. Nothing under €50 gets a quote, and nothing above €500 does either.
| Voucher | Naira payout | Cedis payout |
|---|---|---|
| €50 | ₦60,680 | ₵524.05 |
| €100 | ₦121,360.40 | ₵1,048.10 |
| €200 | ₦242,720.80 | ₵2,096.19 |
| €250 | ₦303,401.00 | ₵2,620.24 |
| €300 | ₦364,081.20 | ₵3,144.29 |
| €400 | ₦485,441.60 | ₵4,192.38 |
| €500 | ₦606,802 | ₵5,240.48 |
The €50 and €500 rows use the numbers printed on the page. The middle rows come from the band's top end: ₦606,802 divided by €500 is ₦1,213.60 per euro, and ₵5,240.48 divided by €500 is ₵10.48 per euro. Multiply by whichever voucher you hold.
Each currency on the board is priced on its own. The euro column is not the dollar column with a conversion slapped on top, so you can't read a Transcash quote as a dollar rate minus a bit. The naira-per-dollar line and the euro rows are two separate measurements, taken at the same moment.
That's why ₦1,213.60 per euro is the only number you need to remember. A €100 voucher works out at ₦121,360.40. A €300 voucher works out at ₦364,081.20. Both come from the same division, so the maths holds across the whole band.
The band is flat too. A €500 voucher pays exactly ten times what a €50 voucher pays, so trading five separate €100 codes instead of one €500 code gains you nothing. Five times ₦121,360.40 comes to ₦606,802, and you'd spend five verification rounds to reach it.
Yes, from €50 up, and the steps are the same whether you're in Lagos, Abuja, Accra or Kumasi.
Three things get a voucher turned down. A code that's already been redeemed is the common one. A request for a €25 or €40 Transcash voucher is the second, because the board has no row that low and nobody can price it. A balance that doesn't match the code is the third. That one usually means a reseller tested the voucher before passing it on, which leaves a few euros missing and the face value wrong.
Eleven euro rows sit on the board right now. Here's where Transcash lands on naira per euro.
| Euro card | Naira per €1 |
|---|---|
| offgamers | ₦1,327.19 |
| Rewarble | ₦1,269.48 |
| Eneba | ₦1,269.48 |
| Transcash | ₦1,213.60 |
| PCS Master Card | ₦1,200.12 |
| Steam | ₦1,173.31 |
| Startselect | ₦961.73 |
| Google Play | ₦750.15 |
Three euro rows pay more per euro than Transcash: offgamers, Rewarble and Eneba. The rest pay less, including PCS Master Card at ₦1,200.12 and Startselect at ₦961.73.
That ranking only helps if you actually hold a choice of cards. If the Transcash voucher is what you've got, the comparison is academic. And a per-euro figure doesn't travel across currencies: a Steam euro voucher at ₦1,173.31 and a Steam dollar voucher are quoted on different rows, so don't rank one against the other.
One more caveat on the table. Eneba's row starts at €100, so a €50 Eneba voucher can't be sold at that price. Transcash's own row starts at €50.
In Nigeria you can take the payout to OPay, PalmPay, Moniepoint or Kuda, and a plain bank transfer works too. In Ghana the usual routes are MTN MoMo, Telecel Cash, AirtelTigo Money, or a cedis bank transfer.
Timing depends on verification, not on the amount. A €50 voucher and a €500 voucher go through the same check. Most land in 10 to 30 minutes, and the clock starts when the code clears, not when you open the page.
Keep the payout name matching the name on your account. Mismatched names are the slowest kind of delay to fix, and they usually cost you a second trip to support.
₦60,680 today, which is ₦1,213.60 for every euro of face value. In Ghana the same voucher fetches ₵524.05.
No. A voucher with a spent balance gets rejected. The board prices face value only, so a €48 remainder on a €50 code isn't a discount, it's a failed trade. Check the balance before you submit.
Yes. Both columns sit on the same board, so a voucher sold from Accra pays in cedis and one sold from Lagos pays in naira. The rate per euro differs between the two, which is why the table above carries both.
Because the band ends at €500. A €1,000 Transcash voucher has no row on the board, so there's no printed quote for it. Ask support before you submit one, because nobody can price it off the table.
No, and that difference matters when you check the balance. A store card has an issuer page that shows the remaining amount. A Transcash voucher is a prepaid code, so the balance check happens on the voucher side before you submit anything.
Tunde sources wholesale buyers across Europe and the Gulf so GiftCash NG can quote tight spreads, and tracks how card and crypto rates move week to week.
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