No. Reserving a gift just marks it as taken so two people don't pick the same thing. It doesn't buy the item — you still buy it yourself at the store.
Wishpicks is not a shop and never takes payment for a gift. Reserving holds the item here; the actual purchase happens at the external store, where you arrange it.
Steps
Reserve the wish so other gift-givers know it's covered. See "How does gift reservation work?"
When you're ready to buy, tap the store link on the wish.
Complete the purchase at the merchant, the same way you'd buy anything online.
Good to know
Reserving and buying are two separate things. Reserving is just intent — "I plan to give this." You buy at the store, on your own. Wishpicks doesn't process payments and has no cart or checkout for gifts, and there's nowhere to enter a shipping address either — you arrange delivery with the recipient directly, off-platform.
There's no "bought" status. Wishpicks can't tell whether you actually bought the item. The store link only sends you to the merchant; it records nothing. See "Can I see who reserved or bought a gift?"
Reserving doesn't fulfill the wish either. Marking a wish as received ("fulfilled") is a separate step the owner does later, not the gift-giver. So the wish stays open until the owner marks it received.
Bought it but changed plans? Reserving and cancelling here never moves money. If you already paid at the store and want to back out, handle the return with the merchant directly. See "I reserved a gift by accident — how do I undo it?"