It's used nowhere else that I know of. Generally, we would use / (or a horizontal fraction bar, if appropriate) for any quotient operation. The reason is likely because / is easier to produce, both handwritten (it's shorter to write) and on a computer (it's on a key most keyboards, unlike the obelus).
Another interesting point is that there are many kinds of products (cartesian product, dot product, cross product, tensor product, ...) so many symbols have been invented for them, but there are relatively few types of quotients (the ones I can think of broadly fall into two classes -- either literally the inverse of a corresponding multiplication operation, or else some kind of quotient space obtained by modding out by an equivalence relation), so one symbol is enough.