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Types of Keys For Trucks In the mid- to late 90's, companies started putting a transponder chip in the plastic head of their keys. This chip emits a signal which is received by the receiver inside your ignition. If the code doesn't match the code, your car won't start. 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