// Set the margins for the stamp and get the height/width of the stamp image
$marge_right = 10;
$marge_bottom = 10;
$sx = imagesx($stamp);
$sy = imagesy($stamp);
// Merge the stamp onto our photo with an opacity (transparency) of 50%
imagecopymerge($im, $stamp, imagesx($im) - $sx - $marge_right, imagesy($im) - $sy - $marge_bottom, 0, 0, imagesx($stamp), imagesy($stamp), 50);
// Save the image to file and free memory
imagepng($im, 'photo_stamp.png');
imagedestroy($im);