diff --git a/crates/api_models/src/admin.rs b/crates/api_models/src/admin.rs
index 4f1143efaa..2819dbbb25 100644
--- a/crates/api_models/src/admin.rs
+++ b/crates/api_models/src/admin.rs
@@ -440,7 +440,7 @@ pub struct MerchantAccountResponse {
 pub struct MerchantAccountResponse {
     /// The identifier for the Merchant Account
     #[schema(max_length = 64, example = "y3oqhf46pyzuxjbcn2giaqnb44")]
-    pub id: String,
+    pub id: id_type::MerchantId,
 
     /// Name of the Merchant Account
     #[schema(value_type = String,example = "NewAge Retailer")]
diff --git a/crates/diesel_models/src/merchant_account.rs b/crates/diesel_models/src/merchant_account.rs
index 23bc642c2d..3aa4088f3b 100644
--- a/crates/diesel_models/src/merchant_account.rs
+++ b/crates/diesel_models/src/merchant_account.rs
@@ -1,4 +1,4 @@
-use common_utils::{encryption::Encryption, id_type, pii};
+use common_utils::{encryption::Encryption, pii};
 use diesel::{AsChangeset, Identifiable, Insertable, Queryable, Selectable};
 
 use crate::enums as storage_enums;
@@ -10,6 +10,9 @@ use crate::schema::merchant_account;
 #[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
 use crate::schema_v2::merchant_account;
 
+/// Note: The order of fields in the struct is important.
+/// This should be in the same order as the fields in the schema.rs file, otherwise the code will not compile
+/// If two adjacent columns have the same type, then the compiler will not throw any error, but the fields read / written will be interchanged
 #[cfg(all(
     any(feature = "v1", feature = "v2"),
     not(feature = "merchant_account_v2")
@@ -26,49 +29,7 @@ use crate::schema_v2::merchant_account;
 )]
 #[diesel(table_name = merchant_account, primary_key(merchant_id), check_for_backend(diesel::pg::Pg))]
 pub struct MerchantAccount {
-    pub merchant_id: id_type::MerchantId,
-    pub return_url: Option<String>,
-    pub enable_payment_response_hash: bool,
-    pub payment_response_hash_key: Option<String>,
-    pub redirect_to_merchant_with_http_post: bool,
-    pub merchant_name: Option<Encryption>,
-    pub merchant_details: Option<Encryption>,
-    pub webhook_details: Option<serde_json::Value>,
-    pub sub_merchants_enabled: Option<bool>,
-    pub parent_merchant_id: Option<id_type::MerchantId>,
-    pub publishable_key: Option<String>,
-    pub storage_scheme: storage_enums::MerchantStorageScheme,
-    pub locker_id: Option<String>,
-    pub metadata: Option<pii::SecretSerdeValue>,
-    pub routing_algorithm: Option<serde_json::Value>,
-    pub primary_business_details: serde_json::Value,
-    pub intent_fulfillment_time: Option<i64>,
-    pub created_at: time::PrimitiveDateTime,
-    pub modified_at: time::PrimitiveDateTime,
-    pub frm_routing_algorithm: Option<serde_json::Value>,
-    pub payout_routing_algorithm: Option<serde_json::Value>,
-    pub organization_id: id_type::OrganizationId,
-    pub is_recon_enabled: bool,
-    pub default_profile: Option<String>,
-    pub recon_status: storage_enums::ReconStatus,
-    pub payment_link_config: Option<serde_json::Value>,
-    pub pm_collect_link_config: Option<serde_json::Value>,
-}
-
-#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
-#[derive(
-    Clone,
-    Debug,
-    serde::Deserialize,
-    Identifiable,
-    serde::Serialize,
-    Queryable,
-    router_derive::DebugAsDisplay,
-    Selectable,
-)]
-#[diesel(table_name = merchant_account, primary_key(merchant_id), check_for_backend(diesel::pg::Pg))]
-pub struct MerchantAccount {
-    pub merchant_id: id_type::MerchantId,
+    merchant_id: common_utils::id_type::MerchantId,
     pub return_url: Option<String>,
     pub enable_payment_response_hash: bool,
     pub payment_response_hash_key: Option<String>,
@@ -89,7 +50,190 @@ pub struct MerchantAccount {
     pub modified_at: time::PrimitiveDateTime,
     pub frm_routing_algorithm: Option<serde_json::Value>,
     pub payout_routing_algorithm: Option<serde_json::Value>,
-    pub organization_id: id_type::OrganizationId,
+    pub organization_id: common_utils::id_type::OrganizationId,
+    pub is_recon_enabled: bool,
+    pub default_profile: Option<String>,
+    pub recon_status: storage_enums::ReconStatus,
+    pub payment_link_config: Option<serde_json::Value>,
+    pub pm_collect_link_config: Option<serde_json::Value>,
+}
+
+#[cfg(all(
+    any(feature = "v1", feature = "v2"),
+    not(feature = "merchant_account_v2")
+))]
+pub struct MerchantAccountSetter {
+    pub merchant_id: common_utils::id_type::MerchantId,
+    pub return_url: Option<String>,
+    pub enable_payment_response_hash: bool,
+    pub payment_response_hash_key: Option<String>,
+    pub redirect_to_merchant_with_http_post: bool,
+    pub merchant_name: Option<Encryption>,
+    pub merchant_details: Option<Encryption>,
+    pub webhook_details: Option<serde_json::Value>,
+    pub sub_merchants_enabled: Option<bool>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
+    pub publishable_key: Option<String>,
+    pub storage_scheme: storage_enums::MerchantStorageScheme,
+    pub locker_id: Option<String>,
+    pub metadata: Option<pii::SecretSerdeValue>,
+    pub routing_algorithm: Option<serde_json::Value>,
+    pub primary_business_details: serde_json::Value,
+    pub intent_fulfillment_time: Option<i64>,
+    pub created_at: time::PrimitiveDateTime,
+    pub modified_at: time::PrimitiveDateTime,
+    pub frm_routing_algorithm: Option<serde_json::Value>,
+    pub payout_routing_algorithm: Option<serde_json::Value>,
+    pub organization_id: common_utils::id_type::OrganizationId,
+    pub is_recon_enabled: bool,
+    pub default_profile: Option<String>,
+    pub recon_status: storage_enums::ReconStatus,
+    pub payment_link_config: Option<serde_json::Value>,
+    pub pm_collect_link_config: Option<serde_json::Value>,
+}
+
+#[cfg(all(
+    any(feature = "v1", feature = "v2"),
+    not(feature = "merchant_account_v2")
+))]
+impl From<MerchantAccountSetter> for MerchantAccount {
+    fn from(item: MerchantAccountSetter) -> Self {
+        Self {
+            merchant_id: item.merchant_id,
+            return_url: item.return_url,
+            enable_payment_response_hash: item.enable_payment_response_hash,
+            payment_response_hash_key: item.payment_response_hash_key,
+            redirect_to_merchant_with_http_post: item.redirect_to_merchant_with_http_post,
+            merchant_name: item.merchant_name,
+            merchant_details: item.merchant_details,
+            webhook_details: item.webhook_details,
+            sub_merchants_enabled: item.sub_merchants_enabled,
+            parent_merchant_id: item.parent_merchant_id,
+            publishable_key: item.publishable_key,
+            storage_scheme: item.storage_scheme,
+            locker_id: item.locker_id,
+            metadata: item.metadata,
+            routing_algorithm: item.routing_algorithm,
+            primary_business_details: item.primary_business_details,
+            intent_fulfillment_time: item.intent_fulfillment_time,
+            created_at: item.created_at,
+            modified_at: item.modified_at,
+            frm_routing_algorithm: item.frm_routing_algorithm,
+            payout_routing_algorithm: item.payout_routing_algorithm,
+            organization_id: item.organization_id,
+            is_recon_enabled: item.is_recon_enabled,
+            default_profile: item.default_profile,
+            recon_status: item.recon_status,
+            payment_link_config: item.payment_link_config,
+            pm_collect_link_config: item.pm_collect_link_config,
+        }
+    }
+}
+
+/// Note: The order of fields in the struct is important.
+/// This should be in the same order as the fields in the schema.rs file, otherwise the code will not compile
+/// If two adjacent columns have the same type, then the compiler will not throw any error, but the fields read / written will be interchanged
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+#[derive(
+    Clone,
+    Debug,
+    serde::Deserialize,
+    Identifiable,
+    serde::Serialize,
+    Queryable,
+    router_derive::DebugAsDisplay,
+    Selectable,
+)]
+#[diesel(table_name = merchant_account, primary_key(id), check_for_backend(diesel::pg::Pg))]
+pub struct MerchantAccount {
+    pub return_url: Option<String>,
+    pub enable_payment_response_hash: bool,
+    pub payment_response_hash_key: Option<String>,
+    pub redirect_to_merchant_with_http_post: bool,
+    pub merchant_name: Option<Encryption>,
+    pub merchant_details: Option<Encryption>,
+    pub webhook_details: Option<serde_json::Value>,
+    pub sub_merchants_enabled: Option<bool>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
+    pub publishable_key: Option<String>,
+    pub storage_scheme: storage_enums::MerchantStorageScheme,
+    pub locker_id: Option<String>,
+    pub metadata: Option<pii::SecretSerdeValue>,
+    pub routing_algorithm: Option<serde_json::Value>,
+    pub primary_business_details: serde_json::Value,
+    pub intent_fulfillment_time: Option<i64>,
+    pub created_at: time::PrimitiveDateTime,
+    pub modified_at: time::PrimitiveDateTime,
+    pub frm_routing_algorithm: Option<serde_json::Value>,
+    pub payout_routing_algorithm: Option<serde_json::Value>,
+    pub organization_id: common_utils::id_type::OrganizationId,
+    pub is_recon_enabled: bool,
+    pub default_profile: Option<String>,
+    pub recon_status: storage_enums::ReconStatus,
+    pub payment_link_config: Option<serde_json::Value>,
+    pub pm_collect_link_config: Option<serde_json::Value>,
+    pub id: common_utils::id_type::MerchantId,
+}
+
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+impl From<MerchantAccountSetter> for MerchantAccount {
+    fn from(item: MerchantAccountSetter) -> Self {
+        Self {
+            id: item.id,
+            return_url: item.return_url,
+            enable_payment_response_hash: item.enable_payment_response_hash,
+            payment_response_hash_key: item.payment_response_hash_key,
+            redirect_to_merchant_with_http_post: item.redirect_to_merchant_with_http_post,
+            merchant_name: item.merchant_name,
+            merchant_details: item.merchant_details,
+            webhook_details: item.webhook_details,
+            sub_merchants_enabled: item.sub_merchants_enabled,
+            parent_merchant_id: item.parent_merchant_id,
+            publishable_key: item.publishable_key,
+            storage_scheme: item.storage_scheme,
+            locker_id: item.locker_id,
+            metadata: item.metadata,
+            routing_algorithm: item.routing_algorithm,
+            primary_business_details: item.primary_business_details,
+            intent_fulfillment_time: item.intent_fulfillment_time,
+            created_at: item.created_at,
+            modified_at: item.modified_at,
+            frm_routing_algorithm: item.frm_routing_algorithm,
+            payout_routing_algorithm: item.payout_routing_algorithm,
+            organization_id: item.organization_id,
+            is_recon_enabled: item.is_recon_enabled,
+            default_profile: item.default_profile,
+            recon_status: item.recon_status,
+            payment_link_config: item.payment_link_config,
+            pm_collect_link_config: item.pm_collect_link_config,
+        }
+    }
+}
+
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+pub struct MerchantAccountSetter {
+    pub id: common_utils::id_type::MerchantId,
+    pub return_url: Option<String>,
+    pub enable_payment_response_hash: bool,
+    pub payment_response_hash_key: Option<String>,
+    pub redirect_to_merchant_with_http_post: bool,
+    pub merchant_name: Option<Encryption>,
+    pub merchant_details: Option<Encryption>,
+    pub webhook_details: Option<serde_json::Value>,
+    pub sub_merchants_enabled: Option<bool>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
+    pub publishable_key: Option<String>,
+    pub storage_scheme: storage_enums::MerchantStorageScheme,
+    pub locker_id: Option<String>,
+    pub metadata: Option<pii::SecretSerdeValue>,
+    pub routing_algorithm: Option<serde_json::Value>,
+    pub primary_business_details: serde_json::Value,
+    pub intent_fulfillment_time: Option<i64>,
+    pub created_at: time::PrimitiveDateTime,
+    pub modified_at: time::PrimitiveDateTime,
+    pub frm_routing_algorithm: Option<serde_json::Value>,
+    pub payout_routing_algorithm: Option<serde_json::Value>,
+    pub organization_id: common_utils::id_type::OrganizationId,
     pub is_recon_enabled: bool,
     pub default_profile: Option<String>,
     pub recon_status: storage_enums::ReconStatus,
@@ -98,21 +242,35 @@ pub struct MerchantAccount {
 }
 
 impl MerchantAccount {
-    pub fn get_id(&self) -> &id_type::MerchantId {
+    #[cfg(all(
+        any(feature = "v1", feature = "v2"),
+        not(feature = "merchant_account_v2")
+    ))]
+    /// Get the unique identifier of MerchantAccount
+    pub fn get_id(&self) -> &common_utils::id_type::MerchantId {
         &self.merchant_id
     }
+
+    #[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+    pub fn get_id(&self) -> &common_utils::id_type::MerchantId {
+        &self.id
+    }
 }
 
+#[cfg(all(
+    any(feature = "v1", feature = "v2"),
+    not(feature = "merchant_account_v2")
+))]
 #[derive(Clone, Debug, Insertable, router_derive::DebugAsDisplay)]
 #[diesel(table_name = merchant_account)]
 pub struct MerchantAccountNew {
-    pub merchant_id: id_type::MerchantId,
+    pub merchant_id: common_utils::id_type::MerchantId,
     pub merchant_name: Option<Encryption>,
     pub merchant_details: Option<Encryption>,
     pub return_url: Option<String>,
     pub webhook_details: Option<serde_json::Value>,
     pub sub_merchants_enabled: Option<bool>,
-    pub parent_merchant_id: Option<id_type::MerchantId>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
     pub enable_payment_response_hash: Option<bool>,
     pub payment_response_hash_key: Option<String>,
     pub redirect_to_merchant_with_http_post: Option<bool>,
@@ -126,7 +284,7 @@ pub struct MerchantAccountNew {
     pub modified_at: time::PrimitiveDateTime,
     pub frm_routing_algorithm: Option<serde_json::Value>,
     pub payout_routing_algorithm: Option<serde_json::Value>,
-    pub organization_id: id_type::OrganizationId,
+    pub organization_id: common_utils::id_type::OrganizationId,
     pub is_recon_enabled: bool,
     pub default_profile: Option<String>,
     pub recon_status: storage_enums::ReconStatus,
@@ -134,6 +292,38 @@ pub struct MerchantAccountNew {
     pub pm_collect_link_config: Option<serde_json::Value>,
 }
 
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+#[derive(Clone, Debug, Insertable, router_derive::DebugAsDisplay)]
+#[diesel(table_name = merchant_account)]
+pub struct MerchantAccountNew {
+    pub merchant_name: Option<Encryption>,
+    pub merchant_details: Option<Encryption>,
+    pub return_url: Option<String>,
+    pub webhook_details: Option<serde_json::Value>,
+    pub sub_merchants_enabled: Option<bool>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
+    pub enable_payment_response_hash: Option<bool>,
+    pub payment_response_hash_key: Option<String>,
+    pub redirect_to_merchant_with_http_post: Option<bool>,
+    pub publishable_key: Option<String>,
+    pub locker_id: Option<String>,
+    pub metadata: Option<pii::SecretSerdeValue>,
+    pub routing_algorithm: Option<serde_json::Value>,
+    pub primary_business_details: serde_json::Value,
+    pub intent_fulfillment_time: Option<i64>,
+    pub created_at: time::PrimitiveDateTime,
+    pub modified_at: time::PrimitiveDateTime,
+    pub frm_routing_algorithm: Option<serde_json::Value>,
+    pub payout_routing_algorithm: Option<serde_json::Value>,
+    pub organization_id: common_utils::id_type::OrganizationId,
+    pub is_recon_enabled: bool,
+    pub default_profile: Option<String>,
+    pub recon_status: storage_enums::ReconStatus,
+    pub payment_link_config: Option<serde_json::Value>,
+    pub pm_collect_link_config: Option<serde_json::Value>,
+    pub id: common_utils::id_type::MerchantId,
+}
+
 #[derive(Clone, Debug, Default, AsChangeset, router_derive::DebugAsDisplay)]
 #[diesel(table_name = merchant_account)]
 pub struct MerchantAccountUpdateInternal {
@@ -142,7 +332,7 @@ pub struct MerchantAccountUpdateInternal {
     pub return_url: Option<String>,
     pub webhook_details: Option<serde_json::Value>,
     pub sub_merchants_enabled: Option<bool>,
-    pub parent_merchant_id: Option<id_type::MerchantId>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
     pub enable_payment_response_hash: Option<bool>,
     pub payment_response_hash_key: Option<String>,
     pub redirect_to_merchant_with_http_post: Option<bool>,
@@ -156,7 +346,7 @@ pub struct MerchantAccountUpdateInternal {
     pub intent_fulfillment_time: Option<i64>,
     pub frm_routing_algorithm: Option<serde_json::Value>,
     pub payout_routing_algorithm: Option<serde_json::Value>,
-    pub organization_id: Option<id_type::OrganizationId>,
+    pub organization_id: Option<common_utils::id_type::OrganizationId>,
     pub is_recon_enabled: bool,
     pub default_profile: Option<Option<String>>,
     pub recon_status: Option<storage_enums::ReconStatus>,
diff --git a/crates/diesel_models/src/query/merchant_account.rs b/crates/diesel_models/src/query/merchant_account.rs
index 578a100219..564a37d79e 100644
--- a/crates/diesel_models/src/query/merchant_account.rs
+++ b/crates/diesel_models/src/query/merchant_account.rs
@@ -5,9 +5,9 @@ use super::generics;
     any(feature = "v1", feature = "v2"),
     not(feature = "merchant_account_v2")
 ))]
-use crate::schema::merchant_account::dsl;
+use crate::schema::merchant_account::dsl::{self, merchant_id as dsl_identifier};
 #[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
-use crate::schema_v2::merchant_account::dsl;
+use crate::schema_v2::merchant_account::dsl::{self, id as dsl_identifier};
 use crate::{
     errors,
     merchant_account::{MerchantAccount, MerchantAccountNew, MerchantAccountUpdateInternal},
@@ -28,7 +28,7 @@ impl MerchantAccount {
     ) -> StorageResult<Self> {
         match generics::generic_update_by_id::<<Self as HasTable>::Table, _, _, _>(
             conn,
-            self.merchant_id.clone(),
+            self.get_id().to_owned(),
             merchant_account,
         )
         .await
@@ -43,7 +43,7 @@ impl MerchantAccount {
 
     pub async fn update_with_specific_fields(
         conn: &PgPooledConn,
-        merchant_id: &common_utils::id_type::MerchantId,
+        identifier: &common_utils::id_type::MerchantId,
         merchant_account: MerchantAccountUpdateInternal,
     ) -> StorageResult<Self> {
         generics::generic_update_with_unique_predicate_get_result::<
@@ -53,7 +53,7 @@ impl MerchantAccount {
             _,
         >(
             conn,
-            dsl::merchant_id.eq(merchant_id.to_owned()),
+            dsl_identifier.eq(identifier.to_owned()),
             merchant_account,
         )
         .await
@@ -61,22 +61,22 @@ impl MerchantAccount {
 
     pub async fn delete_by_merchant_id(
         conn: &PgPooledConn,
-        merchant_id: &common_utils::id_type::MerchantId,
+        identifier: &common_utils::id_type::MerchantId,
     ) -> StorageResult<bool> {
         generics::generic_delete::<<Self as HasTable>::Table, _>(
             conn,
-            dsl::merchant_id.eq(merchant_id.to_owned()),
+            dsl_identifier.eq(identifier.to_owned()),
         )
         .await
     }
 
     pub async fn find_by_merchant_id(
         conn: &PgPooledConn,
-        merchant_id: &common_utils::id_type::MerchantId,
+        identifier: &common_utils::id_type::MerchantId,
     ) -> StorageResult<Self> {
         generics::generic_find_one::<<Self as HasTable>::Table, _, _>(
             conn,
-            dsl::merchant_id.eq(merchant_id.to_owned()),
+            dsl_identifier.eq(identifier.to_owned()),
         )
         .await
     }
@@ -120,13 +120,7 @@ impl MerchantAccount {
             _,
             <<Self as HasTable>::Table as Table>::PrimaryKey,
             _,
-        >(
-            conn,
-            dsl::merchant_id.eq_any(merchant_ids),
-            None,
-            None,
-            None,
-        )
+        >(conn, dsl_identifier.eq_any(merchant_ids), None, None, None)
         .await
     }
 
@@ -136,7 +130,7 @@ impl MerchantAccount {
     ) -> StorageResult<Vec<Self>> {
         generics::generic_update_with_results::<<Self as HasTable>::Table, _, _, _>(
             conn,
-            dsl::merchant_id.ne_all(vec![""]),
+            dsl_identifier.ne_all(vec![""]),
             merchant_account,
         )
         .await
diff --git a/crates/diesel_models/src/schema_v2.rs b/crates/diesel_models/src/schema_v2.rs
index 28937b48db..ca6a720825 100644
--- a/crates/diesel_models/src/schema_v2.rs
+++ b/crates/diesel_models/src/schema_v2.rs
@@ -633,9 +633,7 @@ diesel::table! {
     use diesel::sql_types::*;
     use crate::enums::diesel_exports::*;
 
-    merchant_account (merchant_id) {
-        #[max_length = 64]
-        merchant_id -> Varchar,
+    merchant_account (id) {
         #[max_length = 255]
         return_url -> Nullable<Varchar>,
         enable_payment_response_hash -> Bool,
@@ -669,6 +667,8 @@ diesel::table! {
         recon_status -> ReconStatus,
         payment_link_config -> Nullable<Jsonb>,
         pm_collect_link_config -> Nullable<Jsonb>,
+        #[max_length = 64]
+        id -> Varchar,
     }
 }
 
diff --git a/crates/hyperswitch_domain_models/src/merchant_account.rs b/crates/hyperswitch_domain_models/src/merchant_account.rs
index 6d311ea2d4..ce11cd566c 100644
--- a/crates/hyperswitch_domain_models/src/merchant_account.rs
+++ b/crates/hyperswitch_domain_models/src/merchant_account.rs
@@ -126,9 +126,10 @@ impl From<MerchantAccountSetter> for MerchantAccount {
 }
 
 #[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
-#[derive(Clone, Debug, serde::Serialize)]
-pub struct MerchantAccount {
-    merchant_id: common_utils::id_type::MerchantId,
+#[derive(Clone)]
+/// Set the private fields of merchant account
+pub struct MerchantAccountSetter {
+    pub id: common_utils::id_type::MerchantId,
     pub return_url: Option<String>,
     pub enable_payment_response_hash: bool,
     pub payment_response_hash_key: Option<String>,
@@ -137,7 +138,74 @@ pub struct MerchantAccount {
     pub merchant_details: OptionalEncryptableValue,
     pub webhook_details: Option<serde_json::Value>,
     pub sub_merchants_enabled: Option<bool>,
-    pub parent_merchant_id: Option<String>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
+    pub publishable_key: String,
+    pub storage_scheme: MerchantStorageScheme,
+    pub locker_id: Option<String>,
+    pub metadata: Option<pii::SecretSerdeValue>,
+    pub routing_algorithm: Option<serde_json::Value>,
+    pub primary_business_details: serde_json::Value,
+    pub frm_routing_algorithm: Option<serde_json::Value>,
+    pub created_at: time::PrimitiveDateTime,
+    pub modified_at: time::PrimitiveDateTime,
+    pub intent_fulfillment_time: Option<i64>,
+    pub payout_routing_algorithm: Option<serde_json::Value>,
+    pub organization_id: common_utils::id_type::OrganizationId,
+    pub is_recon_enabled: bool,
+    pub default_profile: Option<String>,
+    pub recon_status: diesel_models::enums::ReconStatus,
+    pub payment_link_config: Option<serde_json::Value>,
+    pub pm_collect_link_config: Option<serde_json::Value>,
+}
+
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+impl From<MerchantAccountSetter> for MerchantAccount {
+    fn from(item: MerchantAccountSetter) -> Self {
+        Self {
+            id: item.id,
+            return_url: item.return_url,
+            enable_payment_response_hash: item.enable_payment_response_hash,
+            payment_response_hash_key: item.payment_response_hash_key,
+            redirect_to_merchant_with_http_post: item.redirect_to_merchant_with_http_post,
+            merchant_name: item.merchant_name,
+            merchant_details: item.merchant_details,
+            webhook_details: item.webhook_details,
+            sub_merchants_enabled: item.sub_merchants_enabled,
+            parent_merchant_id: item.parent_merchant_id,
+            publishable_key: item.publishable_key,
+            storage_scheme: item.storage_scheme,
+            locker_id: item.locker_id,
+            metadata: item.metadata,
+            routing_algorithm: item.routing_algorithm,
+            primary_business_details: item.primary_business_details,
+            frm_routing_algorithm: item.frm_routing_algorithm,
+            created_at: item.created_at,
+            modified_at: item.modified_at,
+            intent_fulfillment_time: item.intent_fulfillment_time,
+            payout_routing_algorithm: item.payout_routing_algorithm,
+            organization_id: item.organization_id,
+            is_recon_enabled: item.is_recon_enabled,
+            default_profile: item.default_profile,
+            recon_status: item.recon_status,
+            payment_link_config: item.payment_link_config,
+            pm_collect_link_config: item.pm_collect_link_config,
+        }
+    }
+}
+
+#[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+#[derive(Clone, Debug, serde::Serialize)]
+pub struct MerchantAccount {
+    id: common_utils::id_type::MerchantId,
+    pub return_url: Option<String>,
+    pub enable_payment_response_hash: bool,
+    pub payment_response_hash_key: Option<String>,
+    pub redirect_to_merchant_with_http_post: bool,
+    pub merchant_name: OptionalEncryptableName,
+    pub merchant_details: OptionalEncryptableValue,
+    pub webhook_details: Option<serde_json::Value>,
+    pub sub_merchants_enabled: Option<bool>,
+    pub parent_merchant_id: Option<common_utils::id_type::MerchantId>,
     pub publishable_key: String,
     pub storage_scheme: MerchantStorageScheme,
     pub locker_id: Option<String>,
@@ -158,10 +226,20 @@ pub struct MerchantAccount {
 }
 
 impl MerchantAccount {
+    #[cfg(all(
+        any(feature = "v1", feature = "v2"),
+        not(feature = "merchant_account_v2")
+    ))]
     /// Get the unique identifier of MerchantAccount
     pub fn get_id(&self) -> &common_utils::id_type::MerchantId {
         &self.merchant_id
     }
+
+    #[cfg(all(feature = "v2", feature = "merchant_account_v2"))]
+    /// Get the unique identifier of MerchantAccount
+    pub fn get_id(&self) -> &common_utils::id_type::MerchantId {
+        &self.id
+    }
 }
 
 #[allow(clippy::large_enum_variant)]
@@ -278,8 +356,10 @@ impl super::behaviour::Conversion for MerchantAccount {
     type DstType = diesel_models::merchant_account::MerchantAccount;
     type NewDstType = diesel_models::merchant_account::MerchantAccountNew;
     async fn convert(self) -> CustomResult<Self::DstType, ValidationError> {
-        Ok(diesel_models::merchant_account::MerchantAccount {
-            merchant_id: self.merchant_id,
+        let id = self.get_id().to_owned();
+
+        let setter = diesel_models::merchant_account::MerchantAccountSetter {
+            id,
             return_url: self.return_url,
             enable_payment_response_hash: self.enable_payment_response_hash,
             payment_response_hash_key: self.payment_response_hash_key,
@@ -306,7 +386,9 @@ impl super::behaviour::Conversion for MerchantAccount {
             recon_status: self.recon_status,
             payment_link_config: self.payment_link_config,
             pm_collect_link_config: self.pm_collect_link_config,
-        })
+        };
+
+        Ok(diesel_models::MerchantAccount::from(setter))
     }
 
     async fn convert_back(
@@ -318,6 +400,7 @@ impl super::behaviour::Conversion for MerchantAccount {
     where
         Self: Sized,
     {
+        let id = item.get_id().to_owned();
         let publishable_key =
             item.publishable_key
                 .ok_or(ValidationError::MissingRequiredField {
@@ -326,7 +409,7 @@ impl super::behaviour::Conversion for MerchantAccount {
 
         async {
             Ok::<Self, error_stack::Report<common_utils::errors::CryptoError>>(Self {
-                merchant_id: item.merchant_id,
+                id,
                 return_url: item.return_url,
                 enable_payment_response_hash: item.enable_payment_response_hash,
                 payment_response_hash_key: item.payment_response_hash_key,
@@ -374,7 +457,7 @@ impl super::behaviour::Conversion for MerchantAccount {
     async fn construct_new(self) -> CustomResult<Self::NewDstType, ValidationError> {
         let now = date_time::now();
         Ok(diesel_models::merchant_account::MerchantAccountNew {
-            merchant_id: self.merchant_id,
+            id: self.id,
             merchant_name: self.merchant_name.map(Encryption::from),
             merchant_details: self.merchant_details.map(Encryption::from),
             return_url: self.return_url,
@@ -413,7 +496,7 @@ impl super::behaviour::Conversion for MerchantAccount {
     type DstType = diesel_models::merchant_account::MerchantAccount;
     type NewDstType = diesel_models::merchant_account::MerchantAccountNew;
     async fn convert(self) -> CustomResult<Self::DstType, ValidationError> {
-        Ok(diesel_models::merchant_account::MerchantAccount {
+        let setter = diesel_models::merchant_account::MerchantAccountSetter {
             merchant_id: self.merchant_id,
             return_url: self.return_url,
             enable_payment_response_hash: self.enable_payment_response_hash,
@@ -441,7 +524,9 @@ impl super::behaviour::Conversion for MerchantAccount {
             recon_status: self.recon_status,
             payment_link_config: self.payment_link_config,
             pm_collect_link_config: self.pm_collect_link_config,
-        })
+        };
+
+        Ok(diesel_models::MerchantAccount::from(setter))
     }
 
     async fn convert_back(
@@ -453,14 +538,16 @@ impl super::behaviour::Conversion for MerchantAccount {
     where
         Self: Sized,
     {
+        let merchant_id = item.get_id().to_owned();
         let publishable_key =
             item.publishable_key
                 .ok_or(ValidationError::MissingRequiredField {
                     field_name: "publishable_key".to_string(),
                 })?;
+
         async {
             Ok::<Self, error_stack::Report<common_utils::errors::CryptoError>>(Self {
-                merchant_id: item.merchant_id,
+                merchant_id,
                 return_url: item.return_url,
                 enable_payment_response_hash: item.enable_payment_response_hash,
                 payment_response_hash_key: item.payment_response_hash_key,
diff --git a/crates/hyperswitch_domain_models/src/payments/payment_attempt.rs b/crates/hyperswitch_domain_models/src/payments/payment_attempt.rs
index 9203a33239..15c5aded50 100644
--- a/crates/hyperswitch_domain_models/src/payments/payment_attempt.rs
+++ b/crates/hyperswitch_domain_models/src/payments/payment_attempt.rs
@@ -554,7 +554,7 @@ impl behaviour::Conversion for PaymentIntent {
     {
         async {
             let inner_decrypt =
-                |inner| decrypt_optional(state, inner, key_manager_identifier, key.peek());
+                |inner| decrypt_optional(state, inner, key_manager_identifier.clone(), key.peek());
             Ok::<Self, error_stack::Report<common_utils::errors::CryptoError>>(Self {
                 payment_id: storage_model.payment_id,
                 merchant_id: storage_model.merchant_id,
diff --git a/crates/router/src/core/admin.rs b/crates/router/src/core/admin.rs
index 51fffea3b5..7003772556 100644
--- a/crates/router/src/core/admin.rs
+++ b/crates/router/src/core/admin.rs
@@ -412,7 +412,10 @@ impl MerchantAccountCreateBridge for api::MerchantAccountCreate {
 #[cfg(feature = "olap")]
 enum CreateOrValidateOrganization {
     /// Creates a new organization
-    #[cfg(any(feature = "v1", feature = "v2"))]
+    #[cfg(all(
+        any(feature = "v1", feature = "v2"),
+        not(feature = "merchant_account_v2")
+    ))]
     Create,
     /// Validates if this organization exists in the records
     Validate {
@@ -451,7 +454,10 @@ impl CreateOrValidateOrganization {
         db: &dyn StorageInterface,
     ) -> RouterResult<diesel_models::organization::Organization> {
         match self {
-            #[cfg(any(feature = "v1", feature = "v2"))]
+            #[cfg(all(
+                any(feature = "v1", feature = "v2"),
+                not(feature = "merchant_account_v2")
+            ))]
             Self::Create => {
                 let new_organization = api_models::organization::OrganizationNew::new(None);
                 let db_organization = ForeignFrom::foreign_from(new_organization);
@@ -637,17 +643,14 @@ impl MerchantAccountCreateBridge for api::MerchantAccountCreate {
             .await?;
 
         let key = key_store.key.into_inner();
-        let merchant_id = self
-            .get_merchant_reference_id()
-            .get_string_repr()
-            .to_owned();
+        let id = self.get_merchant_reference_id().to_owned();
         let key_manager_state = state.into();
-        let identifier = km_types::Identifier::Merchant(merchant_id.clone());
+        let identifier = km_types::Identifier::Merchant(id.clone());
 
         async {
             Ok::<_, error_stack::Report<common_utils::errors::CryptoError>>(
-                domain::MerchantAccount {
-                    merchant_id,
+                domain::MerchantAccount::from(domain::MerchantAccountSetter {
+                    id,
                     merchant_name: Some(
                         domain_types::encrypt(
                             &key_manager_state,
@@ -695,7 +698,7 @@ impl MerchantAccountCreateBridge for api::MerchantAccountCreate {
                     recon_status: diesel_models::enums::ReconStatus::NotRequested,
                     payment_link_config: None,
                     pm_collect_link_config: None,
-                },
+                }),
             )
         }
         .await
diff --git a/crates/router/src/core/customers.rs b/crates/router/src/core/customers.rs
index 4c96f4fbe8..a2081abddc 100644
--- a/crates/router/src/core/customers.rs
+++ b/crates/router/src/core/customers.rs
@@ -206,7 +206,7 @@ impl CustomerCreateBridge for customers::CustomerRequest {
     ) -> errors::CustomResult<domain::Customer, errors::CustomersErrorResponse> {
         let _default_customer_billing_address = self.get_default_customer_billing_address();
         let _default_customer_shipping_address = self.get_default_customer_shipping_address();
-        let merchant_id = merchant_account.merchant_id.clone();
+        let merchant_id = merchant_account.get_id().clone();
         let key = key_store.key.get_inner().peek();
 
         let encrypted_data = types::batch_encrypt(
@@ -230,14 +230,13 @@ impl CustomerCreateBridge for customers::CustomerRequest {
             customer_id: merchant_reference_id
                 .to_owned()
                 .ok_or(errors::CustomersErrorResponse::InternalServerError)?, // doing this to make it compile, will remove once we start moving to domain models
-            merchant_id: merchant_id.to_string(),
+            merchant_id,
             name: encryptable_customer.name,
             email: encryptable_customer.email,
             phone: encryptable_customer.phone,
             description: self.description.clone(),
             phone_country_code: self.phone_country_code.clone(),
             metadata: self.metadata.clone(),
-            id: None,
             connector_customer: None,
             address_id: None,
             created_at: common_utils::date_time::now(),
diff --git a/crates/router/src/db/merchant_account.rs b/crates/router/src/db/merchant_account.rs
index 1907b9bdea..aee54b3e1b 100644
--- a/crates/router/src/db/merchant_account.rs
+++ b/crates/router/src/db/merchant_account.rs
@@ -483,7 +483,7 @@ impl MerchantAccountInterface for MockDb {
         let accounts = self.merchant_accounts.lock().await;
         let account: Option<domain::MerchantAccount> = accounts
             .iter()
-            .find(|account| account.merchant_id == *merchant_id)
+            .find(|account| account.get_id() == merchant_id)
             .cloned()
             .async_map(|a| async {
                 a.convert(
@@ -608,7 +608,7 @@ async fn publish_and_redact_all_merchant_account_cache(
 ) -> CustomResult<(), errors::StorageError> {
     let merchant_ids = merchant_accounts
         .iter()
-        .map(|m| m.merchant_id.get_string_repr().to_string());
+        .map(|merchant_account| merchant_account.get_id().get_string_repr().to_string());
     let publishable_keys = merchant_accounts
         .iter()
         .filter_map(|m| m.publishable_key.clone());
diff --git a/crates/router/src/routes/app.rs b/crates/router/src/routes/app.rs
index 8d456bb8fd..6dfb74c378 100644
--- a/crates/router/src/routes/app.rs
+++ b/crates/router/src/routes/app.rs
@@ -20,8 +20,12 @@ use tokio::sync::oneshot;
 use self::settings::Tenant;
 #[cfg(feature = "olap")]
 use super::blocklist;
+#[cfg(any(feature = "olap", feature = "oltp"))]
+use super::currency;
 #[cfg(feature = "dummy_connector")]
 use super::dummy_connector::*;
+#[cfg(all(any(feature = "olap", feature = "oltp"), not(feature = "customer_v2")))]
+use super::payment_methods::*;
 #[cfg(feature = "payouts")]
 use super::payout_link::*;
 #[cfg(feature = "payouts")]
@@ -46,8 +50,6 @@ use super::{
 use super::{cache::*, health::*};
 #[cfg(any(feature = "olap", feature = "oltp"))]
 use super::{configs::*, customers::*, mandates::*, payments::*, refunds::*};
-#[cfg(any(feature = "olap", feature = "oltp"))]
-use super::{currency, payment_methods::*};
 #[cfg(feature = "oltp")]
 use super::{ephemeral_key::*, webhooks::*};
 #[cfg(feature = "olap")]
@@ -58,8 +60,6 @@ use crate::analytics::AnalyticsProvider;
 use crate::routes::fraud_check as frm_routes;
 #[cfg(all(feature = "recon", feature = "olap"))]
 use crate::routes::recon as recon_routes;
-#[cfg(all(feature = "olap", not(feature = "v2")))]
-use crate::routes::verify_connector::payment_connector_verify;
 pub use crate::{
     configs::settings,
     core::routing,
@@ -1116,7 +1116,7 @@ impl MerchantConnectorAccount {
             route = route
                 .service(
                     web::resource("/connectors/verify")
-                        .route(web::post().to(payment_connector_verify)),
+                        .route(web::post().to(super::verify_connector::payment_connector_verify)),
                 )
                 .service(
                     web::resource("/{merchant_id}/connectors")
diff --git a/crates/router/src/types/api/admin.rs b/crates/router/src/types/api/admin.rs
index 0433308792..9669b8326d 100644
--- a/crates/router/src/types/api/admin.rs
+++ b/crates/router/src/types/api/admin.rs
@@ -91,13 +91,15 @@ impl ForeignTryFrom<domain::MerchantAccount> for MerchantAccountResponse {
     fn foreign_try_from(item: domain::MerchantAccount) -> Result<Self, Self::Error> {
         use common_utils::ext_traits::OptionExt;
 
+        let id = item.get_id().to_owned();
+
         let merchant_name = item
             .merchant_name
             .get_required_value("merchant_name")?
             .into_inner();
 
         Ok(Self {
-            id: item.merchant_id,
+            id,
             merchant_name,
             merchant_details: item.merchant_details,
             publishable_key: item.publishable_key,
diff --git a/crates/router/src/utils.rs b/crates/router/src/utils.rs
index c86f9240c4..6798cdc3ea 100644
--- a/crates/router/src/utils.rs
+++ b/crates/router/src/utils.rs
@@ -22,17 +22,14 @@ use api_models::{
 };
 use base64::Engine;
 use common_utils::types::keymanager::KeyManagerState;
+#[cfg(all(any(feature = "v1", feature = "v2"), not(feature = "customer_v2")))]
+use common_utils::types::keymanager::{Identifier, ToEncryptable};
 pub use common_utils::{
     crypto,
     ext_traits::{ByteSliceExt, BytesExt, Encode, StringExt, ValueExt},
     fp_utils::when,
     validation::validate_email,
 };
-#[cfg(all(any(feature = "v1", feature = "v2"), not(feature = "customer_v2")))]
-use common_utils::{
-    id_type,
-    types::keymanager::{Identifier, ToEncryptable},
-};
 use error_stack::ResultExt;
 use hyperswitch_domain_models::payments::PaymentIntent;
 #[cfg(all(any(feature = "v1", feature = "v2"), not(feature = "customer_v2")))]
@@ -677,15 +674,15 @@ pub trait CustomerAddress {
         address_details: payments::AddressDetails,
         key: &[u8],
         storage_scheme: storage::enums::MerchantStorageScheme,
-        merchant_id: id_type::MerchantId,
+        merchant_id: common_utils::id_type::MerchantId,
     ) -> CustomResult<storage::AddressUpdate, common_utils::errors::CryptoError>;
 
     async fn get_domain_address(
         &self,
         state: &SessionState,
         address_details: payments::AddressDetails,
-        merchant_id: &id_type::MerchantId,
-        customer_id: &id_type::CustomerId,
+        merchant_id: &common_utils::id_type::MerchantId,
+        customer_id: &common_utils::id_type::CustomerId,
         key: &[u8],
         storage_scheme: storage::enums::MerchantStorageScheme,
     ) -> CustomResult<domain::CustomerAddress, common_utils::errors::CryptoError>;
@@ -700,7 +697,7 @@ impl CustomerAddress for api_models::customers::CustomerRequest {
         address_details: payments::AddressDetails,
         key: &[u8],
         storage_scheme: storage::enums::MerchantStorageScheme,
-        merchant_id: id_type::MerchantId,
+        merchant_id: common_utils::id_type::MerchantId,
     ) -> CustomResult<storage::AddressUpdate, common_utils::errors::CryptoError> {
         let encrypted_data = batch_encrypt(
             &state.into(),
@@ -736,8 +733,8 @@ impl CustomerAddress for api_models::customers::CustomerRequest {
         &self,
         state: &SessionState,
         address_details: payments::AddressDetails,
-        merchant_id: &id_type::MerchantId,
-        customer_id: &id_type::CustomerId,
+        merchant_id: &common_utils::id_type::MerchantId,
+        customer_id: &common_utils::id_type::CustomerId,
         key: &[u8],
         storage_scheme: storage::enums::MerchantStorageScheme,
     ) -> CustomResult<domain::CustomerAddress, common_utils::errors::CryptoError> {
@@ -784,7 +781,7 @@ impl CustomerAddress for api_models::customers::CustomerRequest {
 pub fn add_apple_pay_flow_metrics(
     apple_pay_flow: &Option<domain::ApplePayFlow>,
     connector: Option<String>,
-    merchant_id: id_type::MerchantId,
+    merchant_id: common_utils::id_type::MerchantId,
 ) {
     if let Some(flow) = apple_pay_flow {
         match flow {
@@ -818,7 +815,7 @@ pub fn add_apple_pay_payment_status_metrics(
     payment_attempt_status: enums::AttemptStatus,
     apple_pay_flow: Option<domain::ApplePayFlow>,
     connector: Option<String>,
-    merchant_id: id_type::MerchantId,
+    merchant_id: common_utils::id_type::MerchantId,
 ) {
     if payment_attempt_status == enums::AttemptStatus::Charged {
         if let Some(flow) = apple_pay_flow {
diff --git a/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/down.sql b/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/down.sql
new file mode 100644
index 0000000000..82fc50e6f4
--- /dev/null
+++ b/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/down.sql
@@ -0,0 +1,2 @@
+-- This file should undo anything in `up.sql`
+ALTER TABLE merchant_account DROP id;
diff --git a/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/up.sql b/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/up.sql
new file mode 100644
index 0000000000..a84fe8a79c
--- /dev/null
+++ b/v2_migrations/2024-07-25-064644_add_id_in_merchant_account/up.sql
@@ -0,0 +1,5 @@
+-- Your SQL goes here
+-- Adding a new column called `id` which will be the new primary key for v2
+-- Note that even though this will be the new primary key, the v1 application would still fill in null values
+ALTER TABLE merchant_account
+ADD COLUMN id VARCHAR(64);
diff --git a/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/down.sql b/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/down.sql
new file mode 100644
index 0000000000..e3870f5982
--- /dev/null
+++ b/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/down.sql
@@ -0,0 +1,16 @@
+-- This file should undo anything in `up.sql`
+-- The new primary key for v2 merchant account will be `id`
+ALTER TABLE merchant_account DROP CONSTRAINT merchant_account_pkey;
+
+-- In order to run this query, the merchant_id column should be unique and not null
+-- We need to backfill the id, a simple strategy will be to copy the values of id to merchant_id
+-- Query to update the merchant_id column with values of id
+UPDATE merchant_account
+SET merchant_id = id;
+
+-- Note: This command might not run successfully for the existing table
+-- This is because there will be some rows ( which are created via v2 application ) which will have id as empty
+-- A backfill might be required to run this query
+-- However if this is being run on a fresh database, this should succeed
+ALTER TABLE merchant_account
+ADD PRIMARY KEY (merchant_id);
diff --git a/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/up.sql b/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/up.sql
new file mode 100644
index 0000000000..ef98378907
--- /dev/null
+++ b/v2_migrations/2024-07-25-065100_change_primary_key_from_merchant_id_to_id/up.sql
@@ -0,0 +1,17 @@
+-- Your SQL goes here
+-- The new primary key for v2 merchant account will be `id`
+ALTER TABLE merchant_account DROP CONSTRAINT merchant_account_pkey;
+
+-- In order to make id as primary key, it should be unique and not null
+-- We need to backfill the id, a simple strategy will be to copy the values of merchant_id to id
+-- Query to update the id column with values of merchant_id
+-- Note: This query will lock the table, so it should be run when there is no traffic
+UPDATE merchant_account
+SET id = merchant_id;
+
+-- Note: This command might not run successfully for the existing table
+-- This is because there will be some rows ( which are created via v1 application ) which will have id as empty
+-- A backfill might be required to run this query
+-- However if this is being run on a fresh database, this should succeed
+ALTER TABLE merchant_account
+ADD PRIMARY KEY (id);
diff --git a/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/down.sql b/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/down.sql
new file mode 100644
index 0000000000..d4f61709ad
--- /dev/null
+++ b/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/down.sql
@@ -0,0 +1,3 @@
+-- This file should undo anything in `up.sql`
+ALTER TABLE merchant_account
+ADD COLUMN merchant_id VARCHAR(64);
diff --git a/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/up.sql b/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/up.sql
new file mode 100644
index 0000000000..9bdf043ebd
--- /dev/null
+++ b/v2_migrations/2024-07-25-065542_drop_merchant_id_from_merchant_account/up.sql
@@ -0,0 +1,4 @@
+-- Your SQL goes here
+-- Note: This query should not be run on higher environments as this leads to data loss
+-- The application will work fine even without these queries not being run
+ALTER TABLE merchant_account DROP merchant_id;