Sorry man I can’t tell you as I haven’t used paint shop pro since psp 3 so I don’t know. But I assume so.
If you mean when saving as a .png yes you will want a check mark in the options for the alpha channels. But of course you will need to create one first. I assume you know how to do that ?
If not read some of the posts above as Ps pro copied Photoshop and has many similarities.