Selection of a financial account associated with a proxy object

A method comprising:

• receiving, by a processor remote to a location of a payment object of a payer, an indication of presentation of the payment object for a payment in a financial transaction, wherein the payment object has access to a plurality of financial accounts;
• determining, by the processor, available funds associated with each of the plurality of financial accounts;
• based at least on determining the available funds associated with each of the plurality of financial accounts, determining, by the processor, that a first financial account of the plurality of financial accounts has insufficient available funds for processing the payment;
• based at least in part on determining that the first financial account has insufficient available funds and based at least in part on determining the available funds associated with each of the plurality of financial accounts, identifying, by the processor and without input from the payer at a time of the identifying, one or more alternative financial accounts of the plurality of financial accounts, wherein each of the one or more alternative financial accounts has sufficient available funds for processing the payment;
• applying, by the processor, a policy stored with the processor, wherein the policy relates to at least one of the payer, a type of the financial transaction, or an item associated with the payment;
• and
• based at least in part on determining that (i) the first financial account has insufficient available funds, (ii) identifying the one or more alternative financial accounts, and (iii) applying the policy, processing, by the processor, the payment using funds associated with at least a second financial account of the plurality of financial accounts.

A system comprising:

• one or more processors;
• and
• one or more non-transitory computer-readable media storing instructions that, when executed by the one or more processors, cause the one or more processors to perform operations comprising:
• receiving, by a processor remote to a location of a payment object of a payer, an indication of presentation of the payment object for a payment in a financial transaction, wherein the payment object has access to a plurality of financial accounts;
• determining, by the processor, available funds associated with each of the plurality of financial accounts;
• based at least on determining the available funds associated with each of the plurality of financial accounts, determining, by the processor, that a first financial account of the plurality of financial accounts has insufficient available funds for processing the payment;
• based at least in part on determining that the first financial account has insufficient available funds and based at least in part on determining the available funds associated with each of the plurality of financial accounts, identifying, by the processor and without input from the payer at a time of the identifying, one or more alternative financial accounts of the plurality of financial accounts, wherein each of the one or more alternative financial accounts has sufficient available funds for processing the payment;
• applying, by the processor, a policy stored with the processor, and wherein the policy relates to at least one of the payer, a type of the financial transaction, or an item associated with the payment;
• and
• based at least in part on determining that (i) the first financial account has insufficient available funds, (ii) identifying the one or more alternative financial accounts, and (iii) applying the policy, processing, by the processor, the payment using funds associated with at least a second financial account of the plurality of financial accounts.