Other links:

INBIKE magnetic bike lock chain lock electric motorcycle lock bicycle accessories equipment - best taobao agent,china online shopping,**********?

Amazon.com : INBIKE Bike Magnetic Card Chain Lock Bicycle Motorcycle Electric Scooter Cable Stainless Steel Lock Black : Sports & Outdoors

I'm not sure why this is better than a traditional key lock. It basically IS a key lock, actually. It's just a funny key.