Unbank Surpasses $40 Million in Bitcoin Payments Using BTCPay Server
Unbank, one of the largest Bitcoin ATM networks in the U.S., has successfully processed over $40 million in Bitcoin payments through BTCPay Server in just six months. With 41,416 transactions recorded, Unbank continues to solidify its place as a leader in the Bitcoin ATM and mobile exchange market.
"We’re a small team, we aren’t venture-backed... so to have free open-source software with this many features is a huge asset for us." – Emilio Pagan-Yourno, Founder of Unbank
Emilio Pagan-Yourno, Founder of Unbank - Source
Key Achievements
$40 million processed via BTCPay Server in six months.
41,416 transactions completed, averaging nearly 200 transactions per day.
90% of the total transaction volume was in Bitcoin, followed by USDT.
850 Bitcoin ATMs operational nationwide, supporting both cash and digital transactions.
26,000 partner ATMs enable seamless cash withdrawals.
Why Unbank Chose BTCPay Server
Unbank sought a scalable, reliable, and secure payment processing solution that aligned with its non-custodial business model. Prior software providers had frequent API failures and high costs, prompting a shift to BTCPay Server.
Benefits of BTCPay Server
Non-Custodial Transactions – Users retain full control of their Bitcoin.
Lower Costs – Reduced reliance on expensive third-party services.
High Uptime & Reliability – Avoiding API failures that plagued previous providers.
Self-Hosted & Secure – Ensuring complete control over operations.
Scaling Bitcoin Transactions with Unbank’s Mobile App
To complement its ATM network, Unbank introduced a mobile app that allows users to:
Buy and sell Bitcoin seamlessly.
Withdraw cash at major retailers such as CVS, Walgreens, and Rite Aid.
Send and receive payments via Venmo, PayPal, or debit cards.
"BTCPay Server allows rapid innovation with minimal friction while aligning perfectly with Bitcoin’s values." – Unbank Engineering Lead, Oshane Bailey
With its success in mobile and ATM transactions, Unbank plans to further integrate BTCPay Server into its entire operations, ensuring a cost-effective, secure, and user-friendly Bitcoin experience.
