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Types of Keys For Trucks In the mid- to late 90's, manufacturers started placing an electronic chip inside the head of their keys. This chip emits a signal that is interpreted by the receiver in your ignition; if the code doesn't match the car's code, it won't begin. These are commonly known as "chip keys." Beishir can produce these for you at just a fraction of the cost of dealers. Transponder Keys A transponder key, also known as a chip key or an immobilizer key, is a small electronic microchip inside