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Types of Keys For Trucks In the mid to late 90's, companies began placing a transponder chip in the plastic head of their keys. The chip emits a signal which is received by the receiver inside of your ignition; if the code doesn't match, the car won't start. These are often referred to as "chip keys." Beishir can produce these for you at a fraction of the cost of a dealer. Transponder Keys A transponder key, also known as a chip key or an immobilizer key, is an electronic microchip in the head of a car k