Under terms of the multi-year deal, Visa will continue to provide the bank's customers with branded consumer and small business debit, commercial credit, and prepaid cards.

"Empowering our customers with safe, convenient and flexible payment options is a top priority, and Visa is best positioned to help M&T meet our goals," said Thomas Hayes, Consumer Card Products Manager, M&T Bank.

"Visa is delighted M&T Bank has chosen to extend our long-term relationship," said Bill Sheedy, President, North America, Visa Inc. "We look forward to working closely with M&T to develop solutions that best meet the needs of their customers, help differentiate the bank's card offerings in an increasingly competitive environment, and keep Visa top-of-wallet with M&T customers."