Sprinkles launches cupcake ATM in New York City

NEW YORK (KGO) -- New Yorkers can now get a sweet withdrawal at their neighborhood ATM.

A new 24-hour cupcake ATM is open for business in New York City.

Sprinkles, the bakery behind the idea, also has a store in Palo Alto. But it doesn't have a cupcake ATM like this one.

The machine, which can dispense as many as four cupcakes at a time, only takes credit cards.

Sprinkles has similar ATMs in Beverly Hills, Chicago, Atlanta, and Dallas. They sell for $4.25

By the way, the founder says she came up with the idea due to her late-night pregnancy cravings.