Systems and methods for managing funds for financial transactions

A computing device for managing funds for one or more financial transactions, the computing device comprising:

• a memory storing data associated with one or more cardholder accounts, and computer-executable instructions, the one or more cardholder accounts associated with a plurality of electronic purses, the plurality of electronic purses being generated based at least on a spending history associated with a cardholder account of the one or more cardholder accounts, each of the plurality of purses being associated with a different purse category based at least on the spending history;
• and
• a processor configured to execute the computer-executable instructions to:
• receive a request for authorization of a first financial transaction of the one or more financial transactions, the first financial transaction associated with one or more factors including a transaction amount associated with the request;
• identify a first purse associated with the cardholder account;
• identify a purse priority and a purse balance associated with the first purse;
• automatically determine a difference between the first purse balance and the transaction amount;
• and
• based on condition that the purse priority satisfies a first threshold and the difference between the purse balance and the transaction amount satisfies a second threshold, approve the request for authorization.

A computer-readable storage device having computer-executable instructions embodied thereon, wherein, upon execution by at least one processor, the computer-executable instructions cause the processor to:

• receive a request for authorization of a first financial transaction of one or more financial transactions, the first financial transaction associated with one or more factors including a transaction amount;
• based on the one or more factors, identify a first purse of a plurality of purses associated with a cardholder account, the plurality of purses being generated based at least on a spending history associated with the cardholder account, each of the plurality of purses being associated with a different purse category based at least on the spending history, the first purse being associated with a purse priority and a purse balance;
• automatically determine a difference between the purse balance and the transaction amount;
• and
• based on condition that the purse priority satisfies a first threshold and the difference between the purse balance and the transaction amount satisfies a second threshold, approve the request for authorization.