Unbank, the oldest Bitcoin ATM network in the U.S., has processed over 41,000 Bitcoin transactions in the past six months, totaling around $40 million.

In addition to Bitcoin transactions, cash withdrawals from partner ATMs contributed an extra $2.5 million, while retail Bitcoin purchases and cash-outs via Venmo, PayPal, and debit cards accounted for $850,000.

Founded in 2014, Unbank operates more than 850 Bitcoin ATMs nationwide, facilitating transactions through both cash and digital payment methods.

This switch resulted in improved stability and significant cost savings, as Unbank had initially relied on a centralized service that was both expensive and prone to outages.

By adopting BTCPay Server, Unbank minimized operational costs and enhanced security by eliminating third-party intermediaries.

In mid-2024, Unbank transitioned to BTCPay Server to enhance reliability, scalability, and security, seeking a non-custodial solution after facing challenges with their previous payment processor.

The implementation of BTCPay Server allowed Unbank to maintain a non-custodial exchange model, empowering users to manage their own wallets without Unbank accessing their funds.

Unbank's small engineering team successfully integrated BTCPay Server and became fully operational within three months, utilizing BTCPay's documentation and community support.

The deployment was further facilitated by Unbank's existing use of Docker, which simplified the installation and maintenance processes.

The reliability and performance of BTCPay Server were crucial for handling high transaction volumes, enabling Unbank to scale operations while minimizing risks and costs.

The Unbank app, launched in 2021, allows users to buy and sell Bitcoin quickly, supporting both cash and digital payment methods like Venmo and PayPal.

The trend towards self-hosted payment solutions like BTCPay Server is growing among Bitcoin businesses, indicating a shift away from centralized processors.