I just tried to make a transparent image with powerpoint after failing miserably with other online systems. I was successful. Amazing.
First I used word art to give me typefaces which convert well to PNG or JPEG. The ordinary text in powerpoint does not convert well. It gets fuzzy. Anyway, I typed in my words in white (my choice of colour as i wanted it against a navy blue background), arranged it how i wanted, then right clicked and selected format shape to remove lines, then shadow to set the transparency.
I took the transparency to 100%. It came out fine. i then right clicked to save as png. Opened the image with MS Picture manager and resized the image to my suiting. It did not come out with the powerpoint white background at all. Once resized, i dropped the image against my navy blue background and it was like magic.