Error 1012: Version Update Required after logging in through launcher

[Noviie]

I've registered a physical game key to my account and my mogstation account shows 30 days access and my correct character. When I start the launcher, no update happens and I am able to log in. Immediately after logging in (on the start screen), error 1012 is thrown saying a version update is required.

I've already had to completely re-install the game once due to the launcher icon spinning and never opening and I would prefer not to have to do it again.

I've searched multiple sites and cannot find anyone else experiencing this error. Alas, there is no file repair tool so I can't use that and the update file in the program folder simply launches the launcher and no update is installed...

Any help would be appreciated.

[Noviie]

Coincidental or not, after entering my credit card information for automatic withdrawal, the game logged me in (despite have 30 free days listed already).

Edit: After not being able to login to my character, I restarted the client and the same error as in the OP occurred again. Credit card was coincidental and has no effect.