Answer :
NO, According to me practice for requiring a credit card is not known as reservation.
Explanation:
The reasons for the same can be :-
1. Defaulter- There can be a possibility that the person is involved in malpractice and turns out to be a defaulter hence the credit card practice should not be implemented.
2. Doubtful Debt- If things are given in credit there is no assurance that person would return and give the payment. Hence, immediate payment should be kept in priority.
3. Working Capital Cost- There would in increase in the operating cost of the Business if credit facility is available to the customers.