It may even extend to charging for offline goods with a phone company informing retailers that a transaction has been accepted at the time of purchase.

ECONOMIST: Letters

It does not include ATM withdrawals, cash advances against a credit card, a check issued in connection with a payment card, or any transaction in which a payment card is accepted as payment by a merchant or other payee who is related to the issuer of the card.

FORBES: New Credit Card Reporting Requirement Worries Some Taxpayers