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Types of Keys For Trucks In the mid- to late 90's, manufacturers started putting a transponder chip in the head of their keys. This chip emits an electronic signal that is picked up by the receiver in your ignition. If the code doesn't match your car's code, it won't start. Beishir can produce these "chip keys" at a fraction the price of a dealer. Transponder Keys A transponder, also called a chip key or immobilizer, is a tiny microchip which is embedded into the head of a car key. It has a unique code. When the