PNG is lossless and often much larger than it needs to be for a web page. WebP keeps the alpha channel and gives you a quality dial: at 80–90 a screenshot or UI graphic is indistinguishable from the PNG at a fraction of the size, and every current browser displays it. This page opens the Image Converter pre-set to WebP.
Set quality to 100 for near-lossless output when the source is flat graphics with hard edges and you want zero visible change; use 80 for photographic PNGs. Transparent areas are filled with white by default so the result looks right everywhere; switch Transparency to “Keep” to preserve the alpha channel.
This is a pre-set view of the Image Converter. Every option in the toolbar can still be changed.