30 pre-cut Charles III Coronation Wafer Paper Cupacke Toppers Approc 3.8cm. Idea for cupcakes. Wafer Paper (also known as rice paper) The main thing you need to know about rice paper is that the picture quality will not be as good as an iced sheet. This makes it less suitable for high detailed images and photographs. They are great for parties and putting on cupcakes or for individual shapes such as flowers and butterflies. Wafer paper is quicker to apply as it doesn’t have a backing sheet. You just cut out your image/s (if needed) using sharp scissors or a craft knife and put onto your cake.