I am happy to assist with your inquiry. Please feel free to provide me your inputs on what you plan to do with the APIs we have to offer on Visa Developer Platform.
We do have an API which falls under the use case you have provided. Visa Stop Payment Service (VSPS) API enables Visa card issuers to stop card-on-file payments (including recurring and installment) from being authorized, cleared, and settled through VisaNet. The service can help provide Visa issuers with a method for handling cardholder stop payment requests.
Is this an API that you are looking for?
Check it out and let us know if this helps.