Isn't this common in Japan? Anyone want to chime in with their experiences there?
tl;dr it's here in Japan, yes, but not as "use anywhere" as you'd be led to believe. Doesn't mean it doesn't fucking rock, though.
I've heard China also has some issues with credit cards, but has more to do with trust issues.
http://en.wikipedia.org/wiki/Suica
The Wikipedia article mentions the VIEW card, which is a hybrid credit card and Suica.