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Types of Keys For Trucks In the mid- to late 90's, key manufacturers started putting a transponder chip in the plastic head of their keys. This chip emits a signal that is interpreted by the receiver inside your ignition; if the code doesn't match the car's code, it won't begin. They are also known as "chip keys." Beishir can produce these for you at just a fraction of the cost of a dealer. Transponder Keys A transponder key, also known as chip key or immobilizer key, is a small electronic microchip that is located in the head of a car key that c