XnView Software

Thanks for the edit and upload. This is funny a little. I used the files you provided and this time the words were partially written over top the watermark. Not on the fully trapsparent pixels, but only where the watermark and its shadow were.
https://thumb.ibb.co/e1JM0T/image_1.png

Strange how ...

Thanks for the info! Heres some examples.

Watermark png with transparency
https://thumb.ibb.co/iCUkuo/w.png


Transparent 256px png
https://thumb.ibb.co/f6WLS8/256.png


Transparent 256px png with watermark only (transparency yes!)

nconvert ^
-wmopacity 75 ^
-wmfile "C:\Users\Acct\w.png ...

Hello

Goal: Render watermark and text over a transparent png image.
Problem: Rendering text makes all transparency white.

If I just add the watermark (which is a png with transparency also), the transparency works.
If I just add the text, it renders text but converts all transparency to white.
If ...