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Types of Keys For Trucks In the mid- to late 90's the industry began putting chips inside the head of their keys. The chip emits an electronic signal that is detected by the receiver in your ignition. If the code does not match your car's code, it won't start. Beishir can make these "chip keys" at a fraction the cost of dealers. Transponder Keys A transponder key, also referred to as a chip key or an immobilizer key, is an electronic microchip that is located in the head of car keys that contain an individual code. When the key is put into an ignition, it transmi