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Types of Keys For Trucks Around the mid to late 90's, companies began placing a transponder chip in the plastic head of their keys. emits a signal that is interpreted by the receiver inside of your ignition; if the code isn't in sync the car's code, it won't begin. These are often referred to as "chip keys." Beishir can create these for you at just a fraction of the cost of a dealer. Transponder Keys A transponder key, also known as chip keys or an immobilizer key, is a small electronic microchip inside the head of the car key that has a