While access to mobile financial services has made great strides in several countries, notably in Africa, LDCs present special challenges: they tend to have smaller populations and smaller transaction volumes, and are more rural than other countries. Physical infrastructure (roads, electricity and mobile signal coverage) is often limited, making it costly to maintain financial service infrastructure. As well, mobile network operators and financial services providers tend to invest less, seeing less mass market potential.
The expanded Mobile Money for the Poor is expected to begin operations by mid-2015. By the close of the five-year programme, 10-12 percent of the adult population in Benin, Senegal, and Zambia should be able to conduct financial services via mobile channels on a regular basis.