Я использую эту функцию merge
CREATE OR REPLACE FUNCTION merge_tabla(key INT, data TEXT)
RETURNS void AS
$BODY$
BEGIN
IF EXISTS(SELECT a FROM tabla WHERE a = key)
THEN
UPDATE tabla SET b = data WHERE a = key;
RETURN;
ELSE
INSERT INTO tabla(a,b) VALUES (key, data);
RETURN;
END IF;
END;
$BODY$
LANGUAGE plpgsql