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What is a PNG ( Portable Network Graphics )? PNG (Portable Network Graphics) is a file format used for lossless image compression. PNG has almost entirely replaced the Graphics Interchange Format (GIF) that was widely used in the past. PNG files have the ". png " file extension and the "image/ png " MIME media type. [8] PNG was published as an informational RFC 2083 in March 1997 and as an ISO/IEC 15948 standard in 2004. PNG is a web-standard image format that supports true color, lossless compression, and transparency. It was introduced in 1995 as a patent-free alternative to GIF and has two animated variants: MNG and APNG. Graphs and charts: PNG can be used to store graphs and charts because it can preserve the details and colors in these types of images. Overall, PNG is a versatile image file format that is widely used on the internet and in a variety of applications. PNG Full Form in Photoshop The full form of PNG in Photoshop is Portable Network Graphic.