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Originally Posted by salamanderjuice
We don't know that it wouldn't? Seems like a weird conclusion to jump to. Most likely Kobo just doesn't want to keep updating the desktop app for security purposes required by payment companies. They aren't the first to do something similar. For example Sony won't let you pay with a credit card to buy PS3 games anymore, you have to add funds online and then buy the game.
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We will find out what's what when the new version is eventually released.