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Types of Keys For Trucks In the mid- to late 90's, manufacturers began putting transponder chips inside the head of their keys. The chip emits a signal that is interpreted by the receiver inside of your ignition. If the code isn't compatible the code, your car won't start. Beishir can produce these "chip keys" at a fraction of the cost of a dealer. Transponder Keys A transponder key, also referred to as chip key or immobilizer key, is a tiny electronic microchip that is located in the head