Smart resource instrument authorization

A computer program product for pre-approving the use of one or more resource instruments, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

• an executable portion configured to receive an activation indication from a user for activation of the one or more resource instruments for one or more interactions, wherein the activation indication includes at least one or more resource instrument identifiers, and wherein the activation indication is received from a user computer system or a resource instrument system;
• an executable portion configured to activate the one or more resource instruments for the one or more interactions using the one or more resource instrument identifiers;
• an executable portion configured to receive a separation indication that a resource instrument has been separated from a resource instrument connector, wherein the resource instrument and the resource instrument connector are operatively coupled through a marker, and wherein the resource instrument system receives a signal from the marker when the resource instrument has been separated from the resource instrument connector;
• an executable portion configured to send a separation notification to the user that the resource instrument has been separated from the resource instrument connector, wherein the separation notification is sent to the user computer system;
• an executable portion configured to receive an inquiry from a third-party regarding an interaction, wherein the inquiry includes interaction information, wherein the interaction information includes at least a resource instrument identifier from the resource instrument, and wherein the inquiry is received from a third-party system;
• an executable portion configured to determine when the resource instrument identifier received from the third-party meets the one or more resource instrument identifiers activated by the user and send an allowance notification to the third-party, wherein the allowance notification is sent to the third-party system;
• and
• an executable portion configured to determine when the resource instrument identifier received from the third-party fails to meet the in the one or more resource instrument identifiers activated by the user and send a rejection notification to the third-party, wherein the rejection notification is sent to the third-party system.

A system for pre-approving use of one or more resource instruments, the system comprising:

• one or more memory components storing computer-readable program code;
• and
• one or more processing components operatively coupled to the one or more memory components, wherein the one or more processing components are configured to execute the computer-readable program code to:
• receive an activation indication from a user for activation of the one or more resource instruments for one or more interactions, wherein the activation indication includes at least one or more resource instrument identifiers, and wherein the activation indication is received from a user computer system or a resource instrument system;
• activate the one or more resource instruments for the one or more interactions using the one or more resource instrument identifiers;
• receive a separation indication that a resource instrument has been separated from a resource instrument connector, wherein the resource instrument and the resource instrument connector are operatively coupled through a marker, and wherein the resource instrument system receives a signal from the marker when the resource instrument has been separated from the resource instrument connector;
• send a separation notification to the user that the resource instrument has been separated from the resource instrument connector, wherein the separation notification is sent to the user computer system;
• receive an inquiry from a third-party regarding an interaction, wherein the inquiry includes interaction information, wherein the interaction information includes at least a resource instrument identifier from the resource instrument, and wherein the inquiry is received from a third-party system;
• determine when the resource instrument identifier received from the third-party meets the one or more resource instrument identifiers activated by the user and send an allowance notification to the third-party, wherein the allowance notification is sent to the third-party system;
• and
• determine when the resource instrument identifier received from the third-party fails to meet the one or more resource instrument identifiers activated by the user and send a rejection notification to the third-party, wherein the rejection notification is sent to the third-party system.