Ali, Mohammed Aamir and Arief, Budi and Emms, Martin and van Moorsel, Aad (2016)
Does The Online Card Payment Landscape Unwittingly Facilitate Fraud?
IEEE Security & Privacy
Apparently, VISA does not do this.
The actual research paper is online: http://eprint.ncl.ac.uk/file_store/production/230123/1918024...
It says this: "Whereas MasterCard’s centralised network detects the guessing attack after fewer than 10 attempts (even when those attempts were distributed across multiple websites), Visa’s payment ecosystem does not prevent the attack"