A wavelet transform of Fourier encryption printing watermarking algorithm was put forward on the basis of Fourier encryption holographic technology, digital watermarking technology and wavelet theory. The algorithm was used to rebuild watermark, which can effectively control the noise caused by low frequency component of host images; it has good resistance to cutting since energy is distributed on all the pixels; and it has better security of watermark with a secret key. Experimental results showed that the embedded watermark can satisfy the need of detecting watermark and resistance to scanning as well as basic image processing for ordinary printing technology.