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Types of Keys For Trucks In the mid- to late 90's, manufacturers started placing chips inside the head of their keys. The chip emits an electronic signal that is picked up by the receiver in your ignition. If the code is not compatible, your car will not start. Beishir can make these "chip keys" at a fraction of the price of a dealer. Transponder Keys A transponder, also known as immobilizer or chip key is a tiny microchip that is embedded within the head of an automobile key. It is an