Abstract: Various embodiments for remotely sharing a payment instrument of a first user to a client device of a second user are provided. In some embodiments, a system is configured to receive a first request from a first client device to generate a beneficiary user for a payment instrument account. The system is configured to receive a second request from the first client device in order to generate a virtual payment instrument, and the second request comprises a spending policy. The system is configured to generate the virtual payment instrument for the beneficiary identifier based at least in part on the spending policy and configured to transmit a reference notification for accessing the virtual payment instrument to a second client device. The virtual payment instrument is configured to be restricted for a purchase based at least in part on the spending policy.