Visa's problems in meatspace businesses

I met a guy today running a renowned luxury items shop.

I bought stuff, whipped out my Visa card and then he tells me that he's had trouble with Visa, fraud commited on him seven years ago by a third party, wanted to charge back and they never agreed to do the chargeback.

He said they fucked him for a several grands.

So he does not do business with them anymore. Fuck them he said. He said he had same thing happens with Mastercard twice, each time for several thousand dollars, and they accepted the chargeback without any problems. This guy is a well established very high end shop, so he's rather credible.

He's been doing without Visa for seven years and living very well.

Apparently, not only in e-space is Visa playing hardball...