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I agree with both Peter and Mark, in reality most retailers do not differentiate between the price of a product dependent on the method of payment you use. As such any reduction in cost that retailers may see will be absorbed into the infrastructure of running the  business.

It should be remembered that the figures of 0.2% debit and 0.3% credit only relate to the interchange fee payable between the Acquirer and the Issuer, it is not a cap on the rate the retailer pays to the Acquirer.

In reality given that Visa Debit is the predominant card in use in the UK at the moment, many retailers could actually see their cost of card processing increase.

This will have little or no effect on retail prices, where acquirers opt to pass on the changes in retail MSC charges it will be the retailer that will benefit in seeing his cost of processing payments by card reduce, in the casr majority of cases the consumer will see no benefit what so ever.